23, STATION ROAD, KNAITH PARK, GAINSBOROUGH, DN21 5EZ - £119,000

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

23 STATION ROAD is a very small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £119,000 in April 2013, which was around 32% below the average April 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

23 STATION ROAD Sold Prices

Land registry data shows two sales for 23 STATION 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 23 STATION 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
2013 19 APR	£119,000	£175,385	32% below HPI
2001 8 MAR	£63,000	£81,316	23% below HPI

23 STATION 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 23 STATION ROAD sales from March 2001 and April 2013 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 March 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 23 STATION ROAD?

23 STATION ROAD is 86m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Knaith Park, based on EPC data. The below chart shows the distribution of detached houses by size in Knaith Park, and where 23 STATION ROAD lies on this distribution: 15% of detached houses are smaller than 23 STATION ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Knaith Park.

23 STATION ROAD: Plot and Title Map

23 STATION ROAD sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 23 STATION 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 23 STATION 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 23 STATION ROAD?

23 STATION ROAD is located in KNAITH PARK, in the DN21 postcode district. The below map shows the position of No. 23 on STATION ROAD.