14, MIDDLEFIELD LANE, GAINSBOROUGH, DN21 1UU - £132,500

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.

14 MIDDLEFIELD LANE is a small detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £154,030. It was last sold for £132,500 in September 2020, which was around 44% below the average September 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

14 MIDDLEFIELD LANE Sold Prices

Land registry data shows three sales for 14 MIDDLEFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 14 MIDDLEFIELD LANE 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
2020 1 SEP	£132,500	£236,016	44% below HPI
2016 24 MAR	£125,000	£200,255	38% below HPI
2014 14 FEB	£99,000	£191,771	48% below HPI

14 MIDDLEFIELD LANE 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 three 14 MIDDLEFIELD LANE sales between February 2014 and September 2020 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 March 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 14 MIDDLEFIELD LANE be worth now?

14 MIDDLEFIELD LANE might now be worth an estimated £154,030.

This is based on house price inflation of 16.2%, between September 2020 and June 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 16.2% inflationary increase is applied to the most recent sale price for 14 MIDDLEFIELD LANE of £132,500 on 1st September 2020. For the value to have increased from £132,500 to £154,030 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 14 MIDDLEFIELD LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2020 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 14 MIDDLEFIELD LANE has not materially changed since September 2020.

How Large is 14 MIDDLEFIELD LANE?

14 MIDDLEFIELD LANE is 89m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% 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 MIDDLEFIELD LANE lies on this distribution: 26% of detached houses houses are smaller than 14 MIDDLEFIELD LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

14 MIDDLEFIELD LANE: Plot and Title Map

14 MIDDLEFIELD LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 14 MIDDLEFIELD LANE, 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 MIDDLEFIELD LANE). 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 MIDDLEFIELD LANE?

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