1, KINGERBY CLOSE, GAINSBOROUGH, DN21 1XW - £174,500

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 KINGERBY CLOSE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £223,183. It was last sold for £174,500 in May 2020, which was around 23% below the average May 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

1 KINGERBY CLOSE Sold Prices

Land registry data shows two sales for 1 KINGERBY CLOSE 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 KINGERBY 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
2020 22 MAY	£174,500	£227,613	23% below HPI
2016 3 MAY	£142,000	£196,829	28% below HPI

1 KINGERBY 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 two 1 KINGERBY CLOSE sales from May 2016 and May 2020 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 KINGERBY CLOSE be worth now?

1 KINGERBY CLOSE might now be worth an estimated £223,183.

This is based on house price inflation of 27.9%, between May 2020 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 27.9% inflationary increase is applied to the most recent sale price for 1 KINGERBY CLOSE of £174,500 on 22nd May 2020. For the value to have increased from £174,500 to £223,183 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 1 KINGERBY CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2020 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 1 KINGERBY CLOSE has not materially changed since May 2020.

How Large is 1 KINGERBY CLOSE?

1 KINGERBY CLOSE is 92m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 KINGERBY CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 KINGERBY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 KINGERBY CLOSE: Plot and Title Map

1 KINGERBY CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 KINGERBY 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 KINGERBY 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 KINGERBY CLOSE?

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