78, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £275,000

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

78 SHIREGATE is a large extended detached house of 106m², built sometime between 2003 and 2006. It was last sold for £275,000 in September 2023, which was around 9% below the average September 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

78 SHIREGATE Sold Prices

Land registry data shows three sales for 78 SHIREGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 78 SHIREGATE sales was for below the average price, whilst two were for above 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
2023 22 SEP	£275,000	£302,596	9% below HPI
2005 28 APR	£178,000	£176,574	1% above HPI
2001 31 OCT	£97,500	£91,808	6% above HPI

78 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 three 78 SHIREGATE sales between October 2001 and September 2023 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 April 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 78 SHIREGATE?

78 SHIREGATE is 106m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 78 SHIREGATE lies on this distribution: 70% of detached houses are smaller than 78 SHIREGATE, and 28% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

78 SHIREGATE: Plot and Title Map

78 SHIREGATE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 78 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 78 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 78 SHIREGATE?

78 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 78 on SHIREGATE.