15, LEAGATE ROAD, GIPSEY BRIDGE, BOSTON, PE22 7BU - £162,000

15 LEAGATE ROAD is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £162,000 in June 2021, which was around 32% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

15 LEAGATE ROAD Sold Prices

Land registry data shows four sales for 15 LEAGATE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 15 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
2021 18 JUN	£162,000	£238,466	32% below HPI
2019 8 MAR	£118,000	£226,985	48% below HPI
2011 2 DEC	£84,000	£164,498	49% below HPI
2004 16 SEP	£105,000	£163,555	36% below HPI

15 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 four 15 LEAGATE ROAD sales between September 2004 and June 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 March 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 LEAGATE ROAD?

15 LEAGATE ROAD is 54m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Gipsey Bridge, and where 15 LEAGATE ROAD lies on this distribution: Less than 1% of detached houses are smaller than 15 LEAGATE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

15 LEAGATE ROAD: Plot and Title Map

15 LEAGATE ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 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 15 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 15 LEAGATE ROAD?

15 LEAGATE ROAD is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 15 on LEAGATE ROAD.