24, SALISBURY STREET, GAINSBOROUGH, DN21 2RS - £50,000

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 SALISBURY STREET is a very small semi-detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £79,251. It was last sold for £50,000 in July 2014, which was around 58% below the average July 2014 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

24 SALISBURY STREET Sold Prices

Land registry data shows six sales for 24 SALISBURY STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the six 24 SALISBURY STREET 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
2014 18 JUL	£50,000	£117,780	58% below HPI
2013 20 MAR	£32,000	£112,079	71% below HPI
2005 9 MAR	£60,000	£108,024	44% below HPI
2003 18 JUL	£23,000	£85,639	73% below HPI
2002 20 DEC	£12,000	£69,815	83% below HPI
1999 1 MAR	£12,250	£38,837	68% below HPI

24 SALISBURY STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The six 24 SALISBURY STREET sales between March 1999 and July 2014 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 2013 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the July 2014 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 24 SALISBURY STREET be worth now?

24 SALISBURY STREET might now be worth an estimated £79,251.

This is based on house price inflation of 58.5%, between July 2014 and February 2025, for semi-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 58.5% inflationary increase is applied to the most recent sale price for 24 SALISBURY STREET of £50,000 on 18th July 2014. For the value to have increased from £50,000 to £79,251 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 24 SALISBURY STREET has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2014 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SALISBURY STREET has not materially changed since July 2014.

How Large is 24 SALISBURY STREET?

24 SALISBURY STREET is 72m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 24 SALISBURY STREET lies on this distribution: 8% of semi-detached houses houses are smaller than 24 SALISBURY STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

24 SALISBURY STREET: Plot and Title Map

24 SALISBURY STREET sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 24 SALISBURY STREET, 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 SALISBURY STREET). 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 SALISBURY STREET?

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