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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MIDDLEFIELD LANE is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £132,500 in September 2020, which was around 43% 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	£232,630	43% below HPI
2016 24 MAR	£125,000	£197,382	37% below HPI
2014 14 FEB	£99,000	£189,020	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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 14 MIDDLEFIELD LANE lies on this distribution: 26% of detached 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.