1, GROVE COURT, GAINSBOROUGH, DN21 2NE - £115,995

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.

1 GROVE COURT is a very small detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £151,678. It was last sold for £115,995 in August 2017, which was around 48% below the average August 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

1 GROVE COURT Sold Prices

Land registry data shows two sales for 1 GROVE COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 1 GROVE COURT 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
2017 7 AUG	£115,995	£222,628	48% below HPI
1996 16 MAY	£46,000	£62,803	27% below HPI

1 GROVE COURT 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 two 1 GROVE COURT sales from May 1996 and August 2017 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 May 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 1 GROVE COURT be worth now?

1 GROVE COURT might now be worth an estimated £151,678.

This is based on house price inflation of 30.8%, between August 2017 and February 2025, 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 30.8% inflationary increase is applied to the most recent sale price for 1 GROVE COURT of £115,995 on 7th August 2017. For the value to have increased from £115,995 to £151,678 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GROVE COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2017 sale price of £115,995 represented a fair market value for the property.
• The size, condition, and specification of 1 GROVE COURT has not materially changed since August 2017.

How Large is 1 GROVE COURT?

1 GROVE COURT is 73m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 GROVE COURT lies on this distribution: 8% of detached houses houses are smaller than 1 GROVE COURT, and 91% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 GROVE COURT: Plot and Title Map

1 GROVE COURT sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 GROVE COURT, 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 GROVE COURT). 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 GROVE COURT?

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