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 TOWNGATE EAST is a very large detached house of 153m², built in 2020. It was last sold for £435,875 in December 2021, which was around 25% above the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 56 TOWNGATE EAST since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 56 TOWNGATE EAST sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 3 DEC | £435,875 | £349,401 | 25% above HPI |
2020 14 FEB | £260,000 | £298,901 | 13% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 56 TOWNGATE EAST sales from February 2020 and December 2021 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 February 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.
56 TOWNGATE EAST is 153m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 56 TOWNGATE EAST lies on this distribution: 84% of detached houses are smaller than 56 TOWNGATE EAST, and 15% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
56 TOWNGATE EAST sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 56 TOWNGATE EAST, 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 TOWNGATE EAST). 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.
56 TOWNGATE EAST is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 56 on TOWNGATE EAST.