3, STIRLING CLOSE, GAINSBOROUGH, DN21 1YH - £159,300

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 STIRLING CLOSE is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £228,183. It was last sold for £159,300 in August 2015, which was around 22% below the average August 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 STIRLING CLOSE Sold Prices

Land registry data shows three sales for 3 STIRLING CLOSE 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. All of the three 3 STIRLING 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
2015 28 AUG	£159,300	£203,234	22% below HPI
2014 8 SEP	£130,000	£187,958	31% below HPI
2000 30 JUN	£60,000	£75,165	20% below HPI

3 STIRLING 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 three 3 STIRLING CLOSE sales between June 2000 and August 2015 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 September 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 STIRLING CLOSE be worth now?

3 STIRLING CLOSE might now be worth an estimated £228,183.

This is based on house price inflation of 43.2%, between August 2015 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 43.2% inflationary increase is applied to the most recent sale price for 3 STIRLING CLOSE of £159,300 on 28th August 2015. For the value to have increased from £159,300 to £228,183 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 STIRLING CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2015 sale price of £159,300 represented a fair market value for the property.
• The size, condition, and specification of 3 STIRLING CLOSE has not materially changed since August 2015.

How Large is 3 STIRLING CLOSE?

3 STIRLING CLOSE is 87m² according to the EPC inspection conducted in May 2014. 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 STIRLING CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 STIRLING CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 STIRLING CLOSE: Plot and Title Map

3 STIRLING CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 3 STIRLING 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 STIRLING 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 STIRLING CLOSE?

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