1, TURPIN CLOSE, GAINSBOROUGH, DN21 1PA - £112,000

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 TURPIN CLOSE is a small extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £126,624. It was last sold for £112,000 in July 2021, which was around 32% below the average July 2021 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

1 TURPIN CLOSE Sold Prices

Land registry data shows four sales for 1 TURPIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 TURPIN 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
2021 23 JUL	£112,000	£165,123	32% below HPI
2016 28 FEB	£100,000	£123,344	19% below HPI
2003 22 AUG	£65,000	£87,996	26% below HPI
1997 15 SEP	£35,450	£41,644	15% below HPI

1 TURPIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 1 TURPIN CLOSE sales between September 1997 and July 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 February 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 TURPIN CLOSE be worth now?

1 TURPIN CLOSE might now be worth an estimated £126,624.

This is based on house price inflation of 13.1%, between July 2021 and February 2025, for semi-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 13.1% inflationary increase is applied to the most recent sale price for 1 TURPIN CLOSE of £112,000 on 23rd July 2021. For the value to have increased from £112,000 to £126,624 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 1 TURPIN CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2021 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TURPIN CLOSE has not materially changed since July 2021.

How Large is 1 TURPIN CLOSE?

1 TURPIN CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 1 TURPIN CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 1 TURPIN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 TURPIN CLOSE: Plot and Title Map

1 TURPIN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 TURPIN 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 TURPIN 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 TURPIN CLOSE?

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