21, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XD - £148,000

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 RAVENDALE ROAD is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £148,000 in November 2017, which was around 31% below the average November 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

21 RAVENDALE ROAD Sold Prices

Land registry data shows two sales for 21 RAVENDALE ROAD 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 RAVENDALE ROAD 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 23 NOV	£148,000	£215,405	31% below HPI
2010 4 MAY	£135,000	£181,452	26% below HPI

21 RAVENDALE ROAD 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 RAVENDALE ROAD sales from May 2010 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 May 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 21 RAVENDALE ROAD?

21 RAVENDALE ROAD is 81m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% 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 RAVENDALE ROAD lies on this distribution: 15% of detached houses are smaller than 21 RAVENDALE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

21 RAVENDALE ROAD: Plot and Title Map

21 RAVENDALE ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 21 RAVENDALE ROAD, 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 RAVENDALE ROAD). 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 RAVENDALE ROAD?

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