2, WARREN CLOSE, GAINSBOROUGH, DN21 2UD - £125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 WARREN CLOSE is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £125,000 in September 2013, which was around 31% below the average September 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 WARREN CLOSE Sold Prices

Land registry data shows four sales for 2 WARREN CLOSE 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 WARREN 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
2013 20 SEP	£125,000	£180,348	31% below HPI
2008 1 AUG	£125,000	£186,557	33% below HPI
2008 26 JUN	£120,000	£184,333	35% below HPI
1998 23 NOV	£53,500	£67,211	20% below HPI

2 WARREN 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 four 2 WARREN CLOSE sales between November 1998 and September 2013 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 August 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 WARREN CLOSE?

2 WARREN CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in January 2013. 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 2 WARREN CLOSE lies on this distribution: 17% of detached houses are smaller than 2 WARREN CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

2 WARREN CLOSE: Plot and Title Map

2 WARREN CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 WARREN 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 WARREN 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 WARREN CLOSE?

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