22, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XA - £230,000

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.

22 RAVENDALE ROAD is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £233,074. It was last sold for £230,000 in October 2022, which was around 20% below the average October 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

22 RAVENDALE ROAD Sold Prices

Land registry data shows three sales for 22 RAVENDALE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 22 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
2022 20 OCT	£230,000	£287,274	20% below HPI
2014 12 AUG	£129,995	£185,636	30% below HPI
2012 10 APR	£110,000	£176,166	38% below HPI

22 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 three 22 RAVENDALE ROAD sales between April 2012 and October 2022 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 August 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 22 RAVENDALE ROAD be worth now?

22 RAVENDALE ROAD might now be worth an estimated £233,074.

This is based on house price inflation of 1.3%, between October 2022 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 1.3% inflationary increase is applied to the most recent sale price for 22 RAVENDALE ROAD of £230,000 on 20th October 2022. For the value to have increased from £230,000 to £233,074 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 RAVENDALE ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RAVENDALE ROAD has not materially changed since October 2022.

How Large is 22 RAVENDALE ROAD?

22 RAVENDALE ROAD is 83m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 22 RAVENDALE ROAD lies on this distribution: 17% of detached houses houses are smaller than 22 RAVENDALE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

22 RAVENDALE ROAD: Plot and Title Map

22 RAVENDALE ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 22 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 22 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 22 RAVENDALE ROAD?

22 RAVENDALE ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 22 on RAVENDALE ROAD.