20, THE PINES, GAINSBOROUGH, DN21 1PW - £123,000

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.

20 THE PINES is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £191,532. It was last sold for £123,000 in June 2014, which was around 34% below the average June 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

20 THE PINES Sold Prices

Land registry data shows two sales for 20 THE PINES 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 THE PINES 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
2014 18 JUN	£123,000	£186,951	34% below HPI
2000 15 SEP	£46,000	£78,198	41% below HPI

20 THE PINES 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 THE PINES sales from September 2000 and June 2014 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 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 20 THE PINES be worth now?

20 THE PINES might now be worth an estimated £191,532.

This is based on house price inflation of 55.7%, between June 2014 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 55.7% inflationary increase is applied to the most recent sale price for 20 THE PINES of £123,000 on 18th June 2014. For the value to have increased from £123,000 to £191,532 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 20 THE PINES has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2014 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THE PINES has not materially changed since June 2014.

How Large is 20 THE PINES?

20 THE PINES is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 20 THE PINES lies on this distribution: 5% of detached houses houses are smaller than 20 THE PINES, and 95% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

20 THE PINES: Plot and Title Map

20 THE PINES sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 20 THE PINES, 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 THE PINES). 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 THE PINES?

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