278, LEA ROAD, GAINSBOROUGH, DN21 1AP - £216,500

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

278 LEA ROAD is a very large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £216,500 in July 2017, which was around 1% below the average July 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

278 LEA ROAD Sold Prices

Land registry data shows two sales for 278 LEA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 278 LEA ROAD 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
2017 7 JUL	£216,500	£217,884	1% below HPI
2001 23 FEB	£60,000	£81,251	26% below HPI

278 LEA ROAD 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 two 278 LEA ROAD sales from February 2001 and July 2017 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 February 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 278 LEA ROAD?

278 LEA ROAD is 146m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 278 LEA ROAD lies on this distribution: 88% of detached houses are smaller than 278 LEA ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

278 LEA ROAD: Plot and Title Map

278 LEA ROAD sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 278 LEA ROAD, 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 278 LEA ROAD). 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 278 LEA ROAD?

278 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 278 on LEA ROAD.