24, OLD SHOWFIELDS, GAINSBOROUGH, DN21 2QE - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 OLD SHOWFIELDS is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £230,657. It was last sold for £145,000 in May 2011, which was around 21% below the average May 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

24 OLD SHOWFIELDS Sold Prices

Land registry data shows five sales for 24 OLD SHOWFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 24 OLD SHOWFIELDS 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
2011 5 MAY	£145,000	£183,006	21% below HPI
2009 20 JAN	£141,000	£175,773	20% below HPI
2006 20 DEC	£143,000	£191,459	25% below HPI
2003 3 OCT	£142,000	£149,607	5% below HPI
1995 27 JAN	£58,000	£64,827	11% below HPI

24 OLD SHOWFIELDS 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 five 24 OLD SHOWFIELDS sales between January 1995 and May 2011 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 January 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 24 OLD SHOWFIELDS be worth now?

24 OLD SHOWFIELDS might now be worth an estimated £230,657.

This is based on house price inflation of 59.1%, between May 2011 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 59.1% inflationary increase is applied to the most recent sale price for 24 OLD SHOWFIELDS of £145,000 on 5th May 2011. For the value to have increased from £145,000 to £230,657 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 24 OLD SHOWFIELDS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OLD SHOWFIELDS has not materially changed since May 2011.

How Large is 24 OLD SHOWFIELDS?

24 OLD SHOWFIELDS is 77m² according to the EPC inspection conducted in March 2010. 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 24 OLD SHOWFIELDS lies on this distribution: 12% of detached houses houses are smaller than 24 OLD SHOWFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

24 OLD SHOWFIELDS: Plot and Title Map

24 OLD SHOWFIELDS sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 24 OLD SHOWFIELDS, 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 OLD SHOWFIELDS). 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 OLD SHOWFIELDS?

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