28, MELDRUM DRIVE, GAINSBOROUGH, DN21 1GS - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 MELDRUM DRIVE is a large detached house of 117m². It was last sold for £249,950 in February 2020, which was around 11% above the average February 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

28 MELDRUM DRIVE Sold Prices

Land registry data shows two sales for 28 MELDRUM DRIVE 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 28 MELDRUM DRIVE sales were for above 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
2020 7 FEB	£249,950	£226,032	11% above HPI
2013 26 NOV	£187,500	£184,629	2% above HPI

28 MELDRUM DRIVE 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 28 MELDRUM DRIVE sales from November 2013 and February 2020 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 November 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 28 MELDRUM DRIVE?

28 MELDRUM DRIVE is 117m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 28 MELDRUM DRIVE lies on this distribution: 67% of detached houses are smaller than 28 MELDRUM DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

28 MELDRUM DRIVE: Plot and Title Map

28 MELDRUM DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 28 MELDRUM DRIVE, 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 28 MELDRUM DRIVE). 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 28 MELDRUM DRIVE?

28 MELDRUM DRIVE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 28 on MELDRUM DRIVE.