21, MIDDLEFIELD LANE, GAINSBOROUGH, DN21 1TY - £185,000

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

21 MIDDLEFIELD LANE is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £185,000 in April 2018, which was around 15% below the average April 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

21 MIDDLEFIELD LANE Sold Prices

Land registry data shows two sales for 21 MIDDLEFIELD LANE 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 21 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
2018 30 APR	£185,000	£218,449	15% below HPI
2015 13 JAN	£155,000	£186,093	17% below HPI

21 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 two 21 MIDDLEFIELD LANE sales from January 2015 and April 2018 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 January 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 21 MIDDLEFIELD LANE?

21 MIDDLEFIELD LANE is 116m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 21 MIDDLEFIELD LANE lies on this distribution: 65% of detached houses are smaller than 21 MIDDLEFIELD LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

21 MIDDLEFIELD LANE: Plot and Title Map

21 MIDDLEFIELD LANE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 21 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 21 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 21 MIDDLEFIELD LANE?

21 MIDDLEFIELD LANE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 21 on MIDDLEFIELD LANE.