38, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £208,000

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.

38 SHIREGATE is a midsized detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £252,570. It was last sold for £208,000 in January 2019, which was around 18% below the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

38 SHIREGATE Sold Prices

Land registry data shows three sales for 38 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. Two of the three 38 SHIREGATE sales were for below the average price, whilst one was 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
2019 11 JAN	£208,000	£253,137	18% below HPI
2007 19 JAN	£163,000	£186,684	13% below HPI
2001 29 JUN	£92,000	£83,562	10% above HPI

38 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 38 SHIREGATE sales between June 2001 and January 2019 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 January 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 SHIREGATE be worth now?

38 SHIREGATE might now be worth an estimated £252,570.

This is based on house price inflation of 21.4%, between January 2019 and August 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 38 SHIREGATE of £208,000 on 11th January 2019. For the value to have increased from £208,000 to £252,570 over the five years and five months to August 2025, the following assumptions must hold true:

• The value of 38 SHIREGATE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2019 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHIREGATE has not materially changed since January 2019.

How Large is 38 SHIREGATE?

38 SHIREGATE is 84m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 38 SHIREGATE lies on this distribution: 43% of detached houses houses are smaller than 38 SHIREGATE, and 57% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

38 SHIREGATE: Plot and Title Map

38 SHIREGATE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 38 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 38 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 38 SHIREGATE?

38 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 38 on SHIREGATE.