23, FOXBY LANE, GAINSBOROUGH, DN21 1PP - £167,000

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.

23 FOXBY LANE is a very small detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £187,484. It was last sold for £167,000 in August 2021, which was around 36% below the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

23 FOXBY LANE Sold Prices

Land registry data shows three sales for 23 FOXBY LANE 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 23 FOXBY 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
2021 20 AUG	£167,000	£259,307	36% below HPI
2016 26 MAY	£134,000	£196,829	32% below HPI
2014 25 JUL	£132,000	£187,357	30% below HPI

23 FOXBY 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 three 23 FOXBY LANE sales between July 2014 and August 2021 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 23 FOXBY LANE be worth now?

23 FOXBY LANE might now be worth an estimated £187,484.

This is based on house price inflation of 12.3%, between August 2021 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 12.3% inflationary increase is applied to the most recent sale price for 23 FOXBY LANE of £167,000 on 20th August 2021. For the value to have increased from £167,000 to £187,484 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 23 FOXBY LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2021 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FOXBY LANE has not materially changed since August 2021.

How Large is 23 FOXBY LANE?

23 FOXBY LANE is 70m² according to the EPC inspection conducted in October 2013. 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 23 FOXBY LANE lies on this distribution: 6% of detached houses houses are smaller than 23 FOXBY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

23 FOXBY LANE: Plot and Title Map

23 FOXBY LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 23 FOXBY 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 23 FOXBY 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 23 FOXBY LANE?

23 FOXBY LANE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 23 on FOXBY LANE.