3, SOUTHLANDS DRIVE, MORTON, GAINSBOROUGH, DN21 3EZ - £156,000

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 SOUTHLANDS DRIVE is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £156,000 in August 2009, which was around 12% below the average August 2009 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

3 SOUTHLANDS DRIVE Sold Prices

Land registry data shows three sales for 3 SOUTHLANDS DRIVE 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. The three 3 SOUTHLANDS DRIVE sales were a mix of below the average price, and roughly equal to 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
2009 27 AUG	£156,000	£178,161	12% below HPI
2003 19 DEC	£149,950	£150,273	Close to HPI
1995 1 SEP	£52,500	£61,718	15% below HPI

3 SOUTHLANDS 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 three 3 SOUTHLANDS DRIVE sales between September 1995 and August 2009 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 SOUTHLANDS DRIVE?

3 SOUTHLANDS DRIVE is 94m² according to the EPC inspection conducted in October 2008. 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 SOUTHLANDS DRIVE lies on this distribution: 34% of detached houses are smaller than 3 SOUTHLANDS DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 SOUTHLANDS DRIVE: Plot and Title Map

3 SOUTHLANDS DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 SOUTHLANDS 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 SOUTHLANDS 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 SOUTHLANDS DRIVE?

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