26, PINGLE CLOSE, GAINSBOROUGH, DN21 1XR - £140,000

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.

26 PINGLE CLOSE is a very small semi-detached house of 48m², built sometime between 1991 and 1995, which could now be worth an estimated £143,961. It was last sold for £140,000 in July 2022, which was around 23% below the average July 2022 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

26 PINGLE CLOSE Sold Prices

Land registry data shows six sales for 26 PINGLE CLOSE 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. Most of the six 26 PINGLE CLOSE 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
2022 8 JUL	£140,000	£181,546	23% below HPI
2017 13 JUN	£110,000	£136,578	19% below HPI
2008 27 AUG	£119,950	£120,559	1% below HPI
2001 14 DEC	£46,950	£53,233	12% below HPI
1999 29 SEP	£36,500	£42,334	14% below HPI
1995 29 NOV	£35,950	£35,317	2% above HPI

26 PINGLE CLOSE 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 26 PINGLE CLOSE sales between November 1995 and July 2022 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 June 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 26 PINGLE CLOSE be worth now?

26 PINGLE CLOSE might now be worth an estimated £143,961.

This is based on house price inflation of 2.8%, between July 2022 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 2.8% inflationary increase is applied to the most recent sale price for 26 PINGLE CLOSE of £140,000 on 8th July 2022. For the value to have increased from £140,000 to £143,961 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 26 PINGLE CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2022 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 26 PINGLE CLOSE has not materially changed since July 2022.

How Large is 26 PINGLE CLOSE?

26 PINGLE CLOSE is 48m² according to the EPC inspection conducted in June 2022. 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 26 PINGLE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 26 PINGLE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

26 PINGLE CLOSE: Plot and Title Map

26 PINGLE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 26 PINGLE CLOSE, 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 26 PINGLE CLOSE). 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 26 PINGLE CLOSE?

26 PINGLE CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 26 on PINGLE CLOSE.