2, ASPEN COURT, GAINSBOROUGH, DN21 1FG - £142,000

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.

2 ASPEN COURT is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £225,884. It was last sold for £142,000 in May 2011, which was around 22% below the average May 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 ASPEN COURT Sold Prices

Land registry data shows two sales for 2 ASPEN COURT 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 2 ASPEN COURT 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
2011 11 MAY	£142,000	£183,006	22% below HPI
2001 7 DEC	£79,000	£90,381	13% below HPI

2 ASPEN COURT 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 2 ASPEN COURT sales from December 2001 and May 2011 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 December 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 ASPEN COURT be worth now?

2 ASPEN COURT might now be worth an estimated £225,884.

This is based on house price inflation of 59.1%, between May 2011 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 59.1% inflationary increase is applied to the most recent sale price for 2 ASPEN COURT of £142,000 on 11th May 2011. For the value to have increased from £142,000 to £225,884 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ASPEN COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2011 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASPEN COURT has not materially changed since May 2011.

How Large is 2 ASPEN COURT?

2 ASPEN COURT is 106m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% 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 2 ASPEN COURT lies on this distribution: 55% of detached houses houses are smaller than 2 ASPEN COURT, and 45% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

2 ASPEN COURT: Plot and Title Map

2 ASPEN COURT sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 ASPEN COURT, 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 2 ASPEN COURT). 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 2 ASPEN COURT?

2 ASPEN COURT is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 2 on ASPEN COURT.