3, HERON DRIVE, GAINSBOROUGH, DN21 1GJ - £140,000

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 HERON DRIVE is a small detached house of 93m², built sometime between 2003 and 2006. It was last sold for £140,000 in July 2013, which was around 20% below the average July 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

3 HERON DRIVE Sold Prices

Land registry data shows two sales for 3 HERON 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 3 HERON DRIVE 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
2013 9 JUL	£140,000	£175,259	20% below HPI
2005 22 DEC	£148,005	£174,502	15% below HPI

3 HERON 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 3 HERON DRIVE sales from December 2005 and July 2013 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 HERON DRIVE?

3 HERON DRIVE is 93m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 3 HERON DRIVE lies on this distribution: 34% of detached houses are smaller than 3 HERON DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 HERON DRIVE: Plot and Title Map

3 HERON DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 3 HERON 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 3 HERON 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 3 HERON DRIVE?

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