3, DUNBAR CLOSE, GAINSBOROUGH, DN21 1YF - £165,000

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

3 DUNBAR CLOSE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £165,000 in May 2021, which was around 34% below the average May 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was B.

3 DUNBAR CLOSE Sold Prices

Land registry data shows two sales for 3 DUNBAR CLOSE 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 3 DUNBAR 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
2021 6 MAY	£165,000	£251,203	34% below HPI
2001 16 OCT	£66,500	£87,009	24% below HPI

3 DUNBAR 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 two 3 DUNBAR CLOSE sales from October 2001 and May 2021 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 October 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 DUNBAR CLOSE?

3 DUNBAR CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 3 DUNBAR CLOSE lies on this distribution: 20% of detached houses are smaller than 3 DUNBAR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 DUNBAR CLOSE: Plot and Title Map

3 DUNBAR CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 3 DUNBAR 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 DUNBAR 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 DUNBAR CLOSE?

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