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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE PINES is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £182,078. 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	£199,855	37% below HPI
2008 27 JUN	£115,000	£187,016	39% below HPI
2000 31 MAY	£53,000	£75,440	30% 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 39% below the HPI. So the extrapolation line tracks at 39% 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.

What might 18 THE PINES be worth now?

18 THE PINES might now be worth an estimated £182,078.

This is based on house price inflation of 45.7%, between December 2015 and February 2025, for detached 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 45.7% inflationary increase is applied to the most recent sale price for 18 THE PINES of £125,000 on 16th December 2015. For the value to have increased from £125,000 to £182,078 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 THE PINES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE PINES has not materially changed since December 2015.

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 houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 18 THE PINES lies on this distribution: 5% of detached houses 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.