24, LUDFORD CRESCENT, GAINSBOROUGH, DN21 1XB - £123,000

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.

24 LUDFORD CRESCENT is a small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £200,763. It was last sold for £123,000 in February 2012, which was around 31% below the average February 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

24 LUDFORD CRESCENT Sold Prices

Land registry data shows two sales for 24 LUDFORD CRESCENT 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 24 LUDFORD CRESCENT 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
2012 23 FEB	£123,000	£178,355	31% below HPI
2011 28 FEB	£150,000	£177,664	16% below HPI

24 LUDFORD CRESCENT 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 24 LUDFORD CRESCENT sales from February 2011 and February 2012 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 February 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 24 LUDFORD CRESCENT be worth now?

24 LUDFORD CRESCENT might now be worth an estimated £200,763.

This is based on house price inflation of 63.2%, between February 2012 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 63.2% inflationary increase is applied to the most recent sale price for 24 LUDFORD CRESCENT of £123,000 on 23rd February 2012. For the value to have increased from £123,000 to £200,763 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 24 LUDFORD CRESCENT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2012 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LUDFORD CRESCENT has not materially changed since February 2012.

How Large is 24 LUDFORD CRESCENT?

24 LUDFORD CRESCENT is 89m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 24 LUDFORD CRESCENT lies on this distribution: 28% of detached houses houses are smaller than 24 LUDFORD CRESCENT, and 72% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

24 LUDFORD CRESCENT: Plot and Title Map

24 LUDFORD CRESCENT sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 24 LUDFORD CRESCENT, 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 24 LUDFORD CRESCENT). 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 24 LUDFORD CRESCENT?

24 LUDFORD CRESCENT is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 24 on LUDFORD CRESCENT.