20, OLD SHOWFIELDS, GAINSBOROUGH, DN21 2QE - £150,000

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 OLD SHOWFIELDS is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £150,000 in November 2017, which was around 30% below the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

20 OLD SHOWFIELDS Sold Prices

Land registry data shows two sales for 20 OLD SHOWFIELDS 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 20 OLD SHOWFIELDS 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
2017 24 NOV	£150,000	£215,405	30% below HPI
1996 4 APR	£54,500	£61,986	12% below HPI

20 OLD SHOWFIELDS 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 20 OLD SHOWFIELDS sales from April 1996 and November 2017 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 April 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 20 OLD SHOWFIELDS?

20 OLD SHOWFIELDS is 72m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 OLD SHOWFIELDS lies on this distribution: 8% of detached houses are smaller than 20 OLD SHOWFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

20 OLD SHOWFIELDS: Plot and Title Map

20 OLD SHOWFIELDS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 20 OLD SHOWFIELDS, 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 OLD SHOWFIELDS). 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 OLD SHOWFIELDS?

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