1, DUNBAR CLOSE, GAINSBOROUGH, DN21 1YF - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 DUNBAR CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £191,256. It was last sold for £125,000 in October 2014, which was around 33% below the average October 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

1 DUNBAR CLOSE Sold Prices

Land registry data shows three sales for 1 DUNBAR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 1 DUNBAR CLOSE 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
2014 3 OCT	£125,000	£186,216	33% below HPI
1999 24 SEP	£64,500	£72,263	11% below HPI
1995 21 DEC	£50,000	£60,058	17% below HPI

1 DUNBAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 1 DUNBAR CLOSE sales between December 1995 and October 2014 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 September 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 DUNBAR CLOSE be worth now?

1 DUNBAR CLOSE might now be worth an estimated £191,256.

This is based on house price inflation of 53%, between October 2014 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53% inflationary increase is applied to the most recent sale price for 1 DUNBAR CLOSE of £125,000 on 3rd October 2014. For the value to have increased from £125,000 to £191,256 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 DUNBAR CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DUNBAR CLOSE has not materially changed since October 2014.

How Large is 1 DUNBAR CLOSE?

1 DUNBAR CLOSE is 84m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 1 DUNBAR CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 DUNBAR CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 DUNBAR CLOSE: Plot and Title Map

1 DUNBAR CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 DUNBAR CLOSE, 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 1 DUNBAR CLOSE). 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 1 DUNBAR CLOSE?

1 DUNBAR CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 1 on DUNBAR CLOSE.