16, WESTGATE, SCOTTON, GAINSBOROUGH, DN21 3QX - £215,000

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

16 WESTGATE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £215,000 in August 2022, which was around 26% below the average August 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

16 WESTGATE Sold Prices

Land registry data shows two sales for 16 WESTGATE 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 16 WESTGATE 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
2022 5 AUG	£215,000	£288,934	26% below HPI
2021 24 SEP	£170,000	£252,547	33% below HPI

16 WESTGATE 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 16 WESTGATE sales from September 2021 and August 2022 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 September 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 WESTGATE?

16 WESTGATE is 56m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Scotton, based on EPC data. The below chart shows the distribution of detached houses by size in Scotton, and where 16 WESTGATE lies on this distribution: Less than 1% of detached houses are smaller than 16 WESTGATE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Scotton.

16 WESTGATE: Plot and Title Map

16 WESTGATE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 16 WESTGATE, 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 WESTGATE). 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 WESTGATE?

16 WESTGATE is located in SCOTTON, in the DN21 postcode district. The below map shows the position of No. 16 on WESTGATE.