16, LEA ROAD, GAINSBOROUGH, DN21 1LH - £47,000

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.

16 LEA ROAD is a large extended terraced house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £50,813. It was last sold for £47,000 in April 2024, which was around 65% below the average April 2024 terraced price in the West Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

16 LEA ROAD Sold Prices

Land registry data shows three sales for 16 LEA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 16 LEA ROAD 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
2024 29 APR	£47,000	£135,791	65% below HPI
2020 19 JUN	£39,999	£112,782	65% below HPI
2014 23 DEC	£32,000	£93,046	66% below HPI

16 LEA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three 16 LEA ROAD sales between December 2014 and April 2024 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 June 2020 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the April 2024 sale, which was also at 65% below the HPI.

What might 16 LEA ROAD be worth now?

16 LEA ROAD might now be worth an estimated £50,813.

This is based on house price inflation of 8.1%, between April 2024 and July 2025, for terraced 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 8.1% inflationary increase is applied to the most recent sale price for 16 LEA ROAD of £47,000 on 29th April 2024. For the value to have increased from £47,000 to £50,813 over the nine months to July 2025, the following assumptions must hold true:

• The value of 16 LEA ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The April 2024 sale price of £47,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LEA ROAD has not materially changed since April 2024.

How Large is 16 LEA ROAD?

16 LEA ROAD is 115m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of terraced houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gainsborough, and where 16 LEA ROAD lies on this distribution: 65% of terraced houses houses are smaller than 16 LEA ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

16 LEA ROAD: Plot and Title Map

16 LEA ROAD sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 16 LEA ROAD, 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 16 LEA ROAD). 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 16 LEA ROAD?

16 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 16 on LEA ROAD.