25, PILGRIMS WAY, GAINSBOROUGH, DN21 1ZB - £169,000

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

25 PILGRIMS WAY is a small detached house of 89m². It was last sold for £169,000 in April 2024, which was around 37% below the average April 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

25 PILGRIMS WAY Sold Prices

Land registry data shows three sales for 25 PILGRIMS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 25 PILGRIMS WAY 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
2024 11 APR	£169,000	£269,821	37% below HPI
2017 12 MAY	£148,000	£212,769	30% below HPI
2016 26 FEB	£139,995	£194,862	28% below HPI

25 PILGRIMS WAY 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 three 25 PILGRIMS WAY sales between February 2016 and April 2024 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 May 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 25 PILGRIMS WAY?

25 PILGRIMS WAY is 89m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 25 PILGRIMS WAY lies on this distribution: 26% of detached houses are smaller than 25 PILGRIMS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

25 PILGRIMS WAY: Plot and Title Map

25 PILGRIMS WAY sits on a plot of roughly 1.5 acres, or 6,152m². The below map shows the location of 25 PILGRIMS WAY, 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 25 PILGRIMS WAY). 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 25 PILGRIMS WAY?

25 PILGRIMS WAY is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 25 on PILGRIMS WAY.