1, LUDFORD CRESCENT, GAINSBOROUGH, DN21 1XB - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LUDFORD CRESCENT is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £210,000 in July 2022, which was around 26% below the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

1 LUDFORD CRESCENT Sold Prices

Land registry data shows two sales for 1 LUDFORD CRESCENT 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 LUDFORD CRESCENT 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
2022 22 JUL	£210,000	£284,321	26% below HPI
2021 28 JUL	£155,000	£257,466	40% below HPI

1 LUDFORD CRESCENT 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 LUDFORD CRESCENT sales from July 2021 and July 2022 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 July 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 LUDFORD CRESCENT?

1 LUDFORD CRESCENT is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 1 LUDFORD CRESCENT lies on this distribution: 24% of detached houses are smaller than 1 LUDFORD CRESCENT, and 75% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 LUDFORD CRESCENT: Plot and Title Map

1 LUDFORD CRESCENT sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 1 LUDFORD CRESCENT, 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 LUDFORD CRESCENT). 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 LUDFORD CRESCENT?

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