14, MAYFLOWER CLOSE, GAINSBOROUGH, DN21 1AX - £150,000

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.

14 MAYFLOWER CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £234,529. It was last sold for £150,000 in April 2014, which was around 19% below the average April 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

14 MAYFLOWER CLOSE Sold Prices

Land registry data shows two sales for 14 MAYFLOWER 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 14 MAYFLOWER 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
2014 29 APR	£150,000	£186,191	19% below HPI
1996 31 JUL	£52,000	£62,091	16% below HPI

14 MAYFLOWER 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 14 MAYFLOWER CLOSE sales from July 1996 and April 2014 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 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 MAYFLOWER CLOSE be worth now?

14 MAYFLOWER CLOSE might now be worth an estimated £234,529.

This is based on house price inflation of 56.4%, between April 2014 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 56.4% inflationary increase is applied to the most recent sale price for 14 MAYFLOWER CLOSE of £150,000 on 29th April 2014. For the value to have increased from £150,000 to £234,529 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 14 MAYFLOWER CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MAYFLOWER CLOSE has not materially changed since April 2014.

How Large is 14 MAYFLOWER CLOSE?

14 MAYFLOWER CLOSE is 68m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 14 MAYFLOWER CLOSE lies on this distribution: 5% of detached houses houses are smaller than 14 MAYFLOWER CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

14 MAYFLOWER CLOSE: Plot and Title Map

14 MAYFLOWER CLOSE sits on a plot of roughly 0.266 of an acre, or 1,078m². The below map shows the location of 14 MAYFLOWER 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 14 MAYFLOWER 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 14 MAYFLOWER CLOSE?

14 MAYFLOWER CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 14 on MAYFLOWER CLOSE.