20, MIDDLEFIELD LANE, GAINSBOROUGH, DN21 1UU - £164,000

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

20 MIDDLEFIELD LANE is a midsized detached house of 103m², built sometime between 1967 and 1975. It was last sold for £164,000 in May 2021, which was around 35% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

20 MIDDLEFIELD LANE Sold Prices

Land registry data shows four sales for 20 MIDDLEFIELD LANE 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 20 MIDDLEFIELD LANE 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 20 MAY	£164,000	£251,203	35% below HPI
2019 18 OCT	£145,000	£231,362	37% below HPI
2012 18 JUL	£127,000	£174,812	27% below HPI
2002 26 JUL	£65,000	£103,382	37% below HPI

20 MIDDLEFIELD LANE 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 20 MIDDLEFIELD LANE sales between July 2002 and May 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 October 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 20 MIDDLEFIELD LANE?

20 MIDDLEFIELD LANE is 103m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 20 MIDDLEFIELD LANE lies on this distribution: 49% of detached houses are smaller than 20 MIDDLEFIELD LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

20 MIDDLEFIELD LANE: Plot and Title Map

20 MIDDLEFIELD LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 20 MIDDLEFIELD LANE, 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 20 MIDDLEFIELD LANE). 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 20 MIDDLEFIELD LANE?

20 MIDDLEFIELD LANE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 20 on MIDDLEFIELD LANE.