1, PEACOCK PLACE, GAINSBOROUGH, DN21 1GH - £214,500

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 PEACOCK PLACE is a very large extended detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £232,213. It was last sold for £214,500 in December 2021, which was around 20% below the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

1 PEACOCK PLACE Sold Prices

Land registry data shows four sales for 1 PEACOCK PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 PEACOCK PLACE 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
2021 22 DEC	£214,500	£268,908	20% below HPI
2017 25 JUL	£185,000	£221,055	16% below HPI
2011 8 MAR	£165,500	£175,580	6% below HPI
2006 30 NOV	£179,995	£189,884	5% below HPI

1 PEACOCK PLACE 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 four 1 PEACOCK PLACE sales between November 2006 and December 2021 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 PEACOCK PLACE be worth now?

1 PEACOCK PLACE might now be worth an estimated £232,213.

This is based on house price inflation of 8.3%, between December 2021 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 8.3% inflationary increase is applied to the most recent sale price for 1 PEACOCK PLACE of £214,500 on 22nd December 2021. For the value to have increased from £214,500 to £232,213 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 PEACOCK PLACE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2021 sale price of £214,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PEACOCK PLACE has not materially changed since December 2021.

How Large is 1 PEACOCK PLACE?

1 PEACOCK PLACE is 136m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 PEACOCK PLACE lies on this distribution: 84% of detached houses houses are smaller than 1 PEACOCK PLACE, and 16% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 PEACOCK PLACE: Plot and Title Map

1 PEACOCK PLACE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 PEACOCK PLACE, 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 PEACOCK PLACE). 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 PEACOCK PLACE?

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