1, SALISBURY STREET, GAINSBOROUGH, DN21 2RS - £115,000

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 SALISBURY STREET is a very large extended detached house of 152m², built sometime before 1900, which could now be worth an estimated £120,291. It was last sold for £115,000 in March 2023, which was around 58% below the average March 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was E, and the potential energy rating was C.

1 SALISBURY STREET Sold Prices

Land registry data shows five sales for 1 SALISBURY STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 1 SALISBURY STREET 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
2023 24 MAR	£115,000	£272,386	58% below HPI
2005 19 JUL	£109,000	£183,620	41% below HPI
2002 6 DEC	£60,000	£116,813	49% below HPI
1997 5 DEC	£39,950	£68,129	41% below HPI
1995 6 OCT	£35,000	£59,969	42% below HPI

1 SALISBURY STREET 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 five 1 SALISBURY STREET sales between October 1995 and March 2023 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 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2023 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 1 SALISBURY STREET be worth now?

1 SALISBURY STREET might now be worth an estimated £120,291.

This is based on house price inflation of 4.6%, between March 2023 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 4.6% inflationary increase is applied to the most recent sale price for 1 SALISBURY STREET of £115,000 on 24th March 2023. For the value to have increased from £115,000 to £120,291 over the three months to December 2024, the following assumptions must hold true:

• The value of 1 SALISBURY STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The March 2023 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SALISBURY STREET has not materially changed since March 2023.

How Large is 1 SALISBURY STREET?

1 SALISBURY STREET is 152m², which includes two extensions, according to the EPC inspection conducted in February 2023. 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 SALISBURY STREET lies on this distribution: 90% of detached houses houses are smaller than 1 SALISBURY STREET, and 10% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 SALISBURY STREET: Plot and Title Map

1 SALISBURY STREET sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 1 SALISBURY STREET, 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 SALISBURY STREET). 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 SALISBURY STREET?

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