179, LEA ROAD, GAINSBOROUGH, DN21 1AF - £123,000

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.

179 LEA ROAD is a large terraced house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £191,795. It was last sold for £123,000 in May 2014, which was around 31% above the average May 2014 terraced price in the West Lindsey local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

179 LEA ROAD Sold Prices

Land registry data shows two sales for 179 LEA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. One of the two 179 LEA ROAD sales was for above the average price, whilst the other was 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 23 MAY	£123,000	£94,149	31% above HPI
2005 24 OCT	£80,000	£89,842	11% below HPI

179 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 two 179 LEA ROAD sales from October 2005 and May 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 179 LEA ROAD be worth now?

179 LEA ROAD might now be worth an estimated £191,795.

This is based on house price inflation of 55.9%, between May 2014 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 55.9% inflationary increase is applied to the most recent sale price for 179 LEA ROAD of £123,000 on 23rd May 2014. For the value to have increased from £123,000 to £191,795 over the ten years and ten months to July 2025, the following assumptions must hold true:

• The value of 179 LEA ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The May 2014 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 179 LEA ROAD has not materially changed since May 2014.

How Large is 179 LEA ROAD?

179 LEA ROAD is 118m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% 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 179 LEA ROAD lies on this distribution: 71% of terraced houses houses are smaller than 179 LEA ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

179 LEA ROAD: Plot and Title Map

179 LEA ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 179 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 179 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 179 LEA ROAD?

179 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 179 on LEA ROAD.