Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 WILLOUGHBY CHASE is a very small semi-detached house of 58m², built sometime between 2003 and 2006. It was last sold for £120,000 in March 2019, which was around 46% below the average March 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 24 WILLOUGHBY CHASE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 24 WILLOUGHBY CHASE 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 |
---|---|---|---|
2019 22 MAR | £120,000 | £222,409 | 46% below HPI |
2013 17 DEC | £100,000 | £185,614 | 46% below HPI |
2005 31 MAR | £99,950 | £168,187 | 41% below HPI |
2003 15 AUG | £79,950 | £142,657 | 44% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 24 WILLOUGHBY CHASE sales between August 2003 and March 2019 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 December 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2019 sale, which was also at 46% below the HPI.
24 WILLOUGHBY CHASE is 58m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 24 WILLOUGHBY CHASE lies on this distribution: 1% of detached houses are smaller than 24 WILLOUGHBY CHASE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.
24 WILLOUGHBY CHASE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 24 WILLOUGHBY CHASE, 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 WILLOUGHBY CHASE). 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.
24 WILLOUGHBY CHASE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 24 on WILLOUGHBY CHASE.