2, MAYBELL CLOSE, GAINSBOROUGH, DN21 1PX - £195,000

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 MAYBELL CLOSE is a large detached house of 116m², built sometime from 2012 onwards, which could now be worth an estimated £226,058. It was last sold for £195,000 in February 2021, which was around 22% below the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

2 MAYBELL CLOSE Sold Prices

Land registry data shows two sales for 2 MAYBELL CLOSE 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 MAYBELL CLOSE 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
2021 10 FEB	£195,000	£251,118	22% below HPI
2013 20 DEC	£174,995	£188,315	7% below HPI

2 MAYBELL CLOSE 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 MAYBELL CLOSE sales from December 2013 and February 2021 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 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 MAYBELL CLOSE be worth now?

2 MAYBELL CLOSE might now be worth an estimated £226,058.

This is based on house price inflation of 15.9%, between February 2021 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 15.9% inflationary increase is applied to the most recent sale price for 2 MAYBELL CLOSE of £195,000 on 10th February 2021. For the value to have increased from £195,000 to £226,058 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 MAYBELL CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYBELL CLOSE has not materially changed since February 2021.

How Large is 2 MAYBELL CLOSE?

2 MAYBELL CLOSE is 116m² according to the EPC inspection conducted in December 2023. This puts it in the largest 40% 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 MAYBELL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 MAYBELL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

2 MAYBELL CLOSE: Plot and Title Map

2 MAYBELL CLOSE sits on a plot of roughly 0.810 of an acre, or 3,278m². The below map shows the location of 2 MAYBELL CLOSE, 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 MAYBELL CLOSE). 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 MAYBELL CLOSE?

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