18, WILLOUGHBY CHASE, GAINSBOROUGH, DN21 1GR - £160,000

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 WILLOUGHBY CHASE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £160,000 in February 2023, which was around 43% below the average February 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

18 WILLOUGHBY CHASE Sold Prices

Land registry data shows four sales for 18 WILLOUGHBY CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 18 WILLOUGHBY CHASE 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
2023 10 FEB	£160,000	£281,990	43% below HPI
2005 22 NOV	£132,000	£177,307	26% below HPI
2005 22 JUL	£133,000	£180,986	27% below HPI
2003 31 OCT	£87,950	£147,461	40% below HPI

18 WILLOUGHBY CHASE 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 four 18 WILLOUGHBY CHASE sales between October 2003 and February 2023 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 November 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 18 WILLOUGHBY CHASE?

18 WILLOUGHBY CHASE is 78m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% 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 WILLOUGHBY CHASE lies on this distribution: 13% of detached houses are smaller than 18 WILLOUGHBY CHASE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

18 WILLOUGHBY CHASE: Plot and Title Map

18 WILLOUGHBY CHASE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 18 WILLOUGHBY CHASE, 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 WILLOUGHBY CHASE). 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 WILLOUGHBY CHASE?

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