31, 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

31 HERON DRIVE is a small semi-detached house of 88m², built sometime between 2003 and 2006. It was last sold for £140,000 in December 2016, which was around 32% below the average December 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

31 HERON DRIVE Sold Prices

Land registry data shows four sales for 31 HERON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 31 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
2016 2 DEC	£140,000	£206,444	32% below HPI
2016 13 OCT	£130,000	£205,241	37% below HPI
2013 13 SEP	£130,000	£180,348	28% below HPI
2005 28 DEC	£133,950	£174,502	23% below HPI

31 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 four 31 HERON DRIVE sales between December 2005 and December 2016 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 October 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 31 HERON DRIVE?

31 HERON DRIVE is 88m² according to the EPC inspection conducted in March 2013. 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 31 HERON DRIVE lies on this distribution: 25% of detached houses are smaller than 31 HERON DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

31 HERON DRIVE: Plot and Title Map

31 HERON DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 31 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 31 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 31 HERON DRIVE?

31 HERON DRIVE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 31 on HERON DRIVE.