18, THE PINES, GAINSBOROUGH, DN21 1PW - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 THE PINES is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £125,000 in December 2015, which was around 37% below the average December 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 THE PINES Sold Prices

Land registry data shows three sales for 18 THE PINES 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 18 THE PINES 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
2015 16 DEC	£125,000	£196,988	37% below HPI
2008 27 JUN	£115,000	£184,333	38% below HPI
2000 31 MAY	£53,000	£74,358	29% below HPI

18 THE PINES 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 18 THE PINES sales between May 2000 and December 2015 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 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 18 THE PINES?

18 THE PINES is 68m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 18 THE PINES lies on this distribution: 5% of detached houses are smaller than 18 THE PINES, and 94% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

18 THE PINES: Plot and Title Map

18 THE PINES sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 18 THE PINES, 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 18 THE PINES). 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 18 THE PINES?

18 THE PINES is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 18 on THE PINES.