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

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 MARLBOROUGH STREET is a small extended detached house of 90m², built sometime before 1900, which could now be worth an estimated £113,031. 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	£288,459	61% below HPI
2008 16 JAN	£60,000	£201,116	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.

What might 3 MARLBOROUGH STREET be worth now?

3 MARLBOROUGH STREET might now be worth an estimated £113,031.

This is based on house price inflation of 0.9%, between July 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 0.9% inflationary increase is applied to the most recent sale price for 3 MARLBOROUGH STREET of £112,000 on 15th July 2022. For the value to have increased from £112,000 to £113,031 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 MARLBOROUGH STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2022 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLBOROUGH STREET has not materially changed since July 2022.

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 houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 3 MARLBOROUGH STREET lies on this distribution: 28% of detached houses houses are smaller than 3 MARLBOROUGH STREET, and 71% 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.