2, WESTGATE, SCOTTON, GAINSBOROUGH, DN21 3QX - £250,000

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 WESTGATE is a large detached house of 200m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2015, which was around 33% above the average March 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

2 WESTGATE Sold Prices

Land registry data shows three sales for 2 WESTGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 2 WESTGATE sales were for above 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 27 MAR	£250,000	£188,056	33% above HPI
2011 5 SEP	£250,000	£180,876	38% above HPI
2003 30 APR	£210,000	£137,639	53% above HPI

2 WESTGATE 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 three 2 WESTGATE sales between April 2003 and March 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 September 2011 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2015 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 WESTGATE?

2 WESTGATE is 200m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Scotton, based on EPC data. The below chart shows the distribution of detached houses by size in Scotton, and where 2 WESTGATE lies on this distribution: 77% of detached houses are smaller than 2 WESTGATE, and 23% of houses are larger. Note that EPC data is not available for all properties in Scotton.

2 WESTGATE: Plot and Title Map

2 WESTGATE sits on a plot of roughly 0.219 of an acre, or 886m². The below map shows the location of 2 WESTGATE, 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 WESTGATE). 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 WESTGATE?

2 WESTGATE is located in SCOTTON, in the DN21 postcode district. The below map shows the position of No. 2 on WESTGATE.