2, LABURNUM AVENUE, GAINSBOROUGH, DN21 1ET - £121,500

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 LABURNUM AVENUE is a midsized extended detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £177,306. It was last sold for £121,500 in October 2015, which was around 39% below the average October 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

2 LABURNUM AVENUE Sold Prices

Land registry data shows four sales for 2 LABURNUM AVENUE 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 2 LABURNUM AVENUE 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 29 OCT	£121,500	£199,488	39% below HPI
2001 29 MAY	£55,000	£82,971	34% below HPI
1997 23 JUL	£46,000	£65,449	30% below HPI
1996 3 JAN	£42,000	£60,454	31% below HPI

2 LABURNUM AVENUE 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 2 LABURNUM AVENUE sales between January 1996 and October 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 May 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 LABURNUM AVENUE be worth now?

2 LABURNUM AVENUE might now be worth an estimated £177,306.

This is based on house price inflation of 45.9%, between October 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 45.9% inflationary increase is applied to the most recent sale price for 2 LABURNUM AVENUE of £121,500 on 29th October 2015. For the value to have increased from £121,500 to £177,306 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 LABURNUM AVENUE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2015 sale price of £121,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LABURNUM AVENUE has not materially changed since October 2015.

How Large is 2 LABURNUM AVENUE?

2 LABURNUM AVENUE is 108m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 LABURNUM AVENUE lies on this distribution: 58% of detached houses houses are smaller than 2 LABURNUM AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

2 LABURNUM AVENUE: Plot and Title Map

2 LABURNUM AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 LABURNUM AVENUE, 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 LABURNUM AVENUE). 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 LABURNUM AVENUE?

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