3, MARLBOROUGH STREET, GAINSBOROUGH, DN21 1BU - £112,000

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 MARLBOROUGH STREET is a small extended detached house of 90m², built sometime before 1900. It was last sold for £112,000 in July 2022, which was around 61% below the average July 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 MARLBOROUGH STREET Sold Prices

Land registry data shows two sales for 3 MARLBOROUGH STREET 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 MARLBOROUGH STREET 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
2022 15 JUL	£112,000	£284,321	61% below HPI
2008 16 JAN	£60,000	£198,231	70% below HPI

3 MARLBOROUGH STREET 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 MARLBOROUGH STREET sales from January 2008 and July 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 January 2008 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the July 2022 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 3 MARLBOROUGH STREET?

3 MARLBOROUGH STREET is 90m², which includes two extensions, according to the EPC inspection conducted in February 2022. 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 MARLBOROUGH STREET lies on this distribution: 29% of detached houses are smaller than 3 MARLBOROUGH STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 MARLBOROUGH STREET: Plot and Title Map

3 MARLBOROUGH STREET sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 3 MARLBOROUGH STREET, 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 MARLBOROUGH STREET). 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 MARLBOROUGH STREET?

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