3, ARUNDEL CLOSE, GAINSBOROUGH, DN21 1HW - £160,000

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.

3 ARUNDEL CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £168,828. It was last sold for £160,000 in June 2023, which was around 42% below the average June 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

3 ARUNDEL CLOSE Sold Prices

Land registry data shows three sales for 3 ARUNDEL CLOSE 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 3 ARUNDEL 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
2023 27 JUN	£160,000	£275,892	42% below HPI
2011 21 DEC	£99,950	£178,256	44% below HPI
2009 21 AUG	£110,000	£180,755	39% below HPI

3 ARUNDEL CLOSE 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 3 ARUNDEL CLOSE sales between August 2009 and June 2023 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 3 ARUNDEL CLOSE be worth now?

3 ARUNDEL CLOSE might now be worth an estimated £168,828.

This is based on house price inflation of 5.5%, between June 2023 and February 2025, for 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 5.5% inflationary increase is applied to the most recent sale price for 3 ARUNDEL CLOSE of £160,000 on 27th June 2023. For the value to have increased from £160,000 to £168,828 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 3 ARUNDEL CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2023 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ARUNDEL CLOSE has not materially changed since June 2023.

How Large is 3 ARUNDEL CLOSE?

3 ARUNDEL CLOSE is 69m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 3 ARUNDEL CLOSE lies on this distribution: 6% of detached houses houses are smaller than 3 ARUNDEL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 ARUNDEL CLOSE: Plot and Title Map

3 ARUNDEL CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 ARUNDEL 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 3 ARUNDEL 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 3 ARUNDEL CLOSE?

3 ARUNDEL CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 3 on ARUNDEL CLOSE.