8, LEAGATE ROAD, GIPSEY BRIDGE, BOSTON, PE22 7BP - £159,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LEAGATE ROAD is a small detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £236,773. It was last sold for £159,000 in August 2016, which was around 17% below the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

8 LEAGATE ROAD Sold Prices

Land registry data shows two sales for 8 LEAGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 LEAGATE ROAD 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
2016 5 AUG	£159,000	£192,227	17% below HPI
2013 19 DEC	£130,000	£167,776	23% below HPI

8 LEAGATE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 8 LEAGATE ROAD sales from December 2013 and August 2016 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 December 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 LEAGATE ROAD be worth now?

8 LEAGATE ROAD might now be worth an estimated £236,773.

This is based on house price inflation of 48.9%, between August 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for 8 LEAGATE ROAD of £159,000 on 5th August 2016. For the value to have increased from £159,000 to £236,773 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 8 LEAGATE ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2016 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LEAGATE ROAD has not materially changed since August 2016.

How Large is 8 LEAGATE ROAD?

8 LEAGATE ROAD is 99m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gipsey Bridge, and where 8 LEAGATE ROAD lies on this distribution: 36% of detached houses houses are smaller than 8 LEAGATE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

8 LEAGATE ROAD: Plot and Title Map

8 LEAGATE ROAD sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 8 LEAGATE ROAD, 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 8 LEAGATE ROAD). 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 8 LEAGATE ROAD?

8 LEAGATE ROAD is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 8 on LEAGATE ROAD.