3, BLACKTHORN CLOSE, GAINSBOROUGH, DN21 1WB - £280,000

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 BLACKTHORN CLOSE is a large detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £294,565. It was last sold for £280,000 in May 2022, which was around 1% above the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 BLACKTHORN CLOSE Sold Prices

Land registry data shows three sales for 3 BLACKTHORN 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. Two of the three 3 BLACKTHORN CLOSE sales were for above the average price, whilst one was 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 20 MAY	£280,000	£276,720	1% above HPI
2013 23 AUG	£162,500	£175,821	8% below HPI
2002 28 FEB	£109,950	£97,631	13% above HPI

3 BLACKTHORN 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 BLACKTHORN CLOSE sales between February 2002 and May 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 August 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 BLACKTHORN CLOSE be worth now?

3 BLACKTHORN CLOSE might now be worth an estimated £294,565.

This is based on house price inflation of 5.2%, between May 2022 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 5.2% inflationary increase is applied to the most recent sale price for 3 BLACKTHORN CLOSE of £280,000 on 20th May 2022. For the value to have increased from £280,000 to £294,565 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 3 BLACKTHORN CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BLACKTHORN CLOSE has not materially changed since May 2022.

How Large is 3 BLACKTHORN CLOSE?

3 BLACKTHORN CLOSE is 126m² according to the EPC inspection conducted in September 2021. This puts it in the largest 30% 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 BLACKTHORN CLOSE lies on this distribution: 77% of detached houses houses are smaller than 3 BLACKTHORN CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 BLACKTHORN CLOSE: Plot and Title Map

3 BLACKTHORN CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 BLACKTHORN 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 BLACKTHORN 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 BLACKTHORN CLOSE?

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