56, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £197,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 SHIREGATE is a small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £197,500 in September 2017, which was around 16% below the average September 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

56 SHIREGATE Sold Prices

Land registry data shows two sales for 56 SHIREGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 56 SHIREGATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 25 SEP	£197,500	£234,209	16% below HPI
2001 28 SEP	£81,500	£89,607	9% below HPI

56 SHIREGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 56 SHIREGATE sales from September 2001 and September 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 56 SHIREGATE?

56 SHIREGATE is 79m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 56 SHIREGATE lies on this distribution: 31% of detached houses are smaller than 56 SHIREGATE, and 68% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

56 SHIREGATE: Plot and Title Map

56 SHIREGATE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 56 SHIREGATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 56 SHIREGATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 56 SHIREGATE?

56 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 56 on SHIREGATE.