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
9 TOWNGATE WEST is a very large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £467,000 in November 2023, which was around 24% above the average November 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 9 TOWNGATE WEST since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 9 TOWNGATE WEST sales 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 23 NOV | £467,000 | £375,170 | 24% above HPI |
2021 20 DEC | £475,000 | £349,401 | 36% above HPI |
2015 9 JUN | £310,000 | £245,855 | 26% above HPI |
2008 4 DEC | £220,000 | £215,335 | 2% above HPI |
2004 30 APR | £180,000 | £190,867 | 6% below HPI |
2000 19 MAY | £100,000 | £102,325 | 2% 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 six 9 TOWNGATE WEST sales between May 2000 and November 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 December 2021 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
9 TOWNGATE WEST is 159m², which includes two extensions, according to the EPC inspection conducted in January 2016. 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 9 TOWNGATE WEST lies on this distribution: 86% of detached houses are smaller than 9 TOWNGATE WEST, and 13% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
9 TOWNGATE WEST sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 9 TOWNGATE WEST, 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 9 TOWNGATE WEST). 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.
9 TOWNGATE WEST is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 9 on TOWNGATE WEST.