31, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XD - £123,000

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 RAVENDALE ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £123,000 in March 2014, which was around 34% below the average March 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was A.

31 RAVENDALE ROAD Sold Prices

Land registry data shows three sales for 31 RAVENDALE ROAD 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 31 RAVENDALE ROAD 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
2014 31 MAR	£123,000	£185,238	34% below HPI
2002 25 NOV	£63,000	£112,564	44% below HPI
1996 16 OCT	£37,500	£62,799	40% below HPI

31 RAVENDALE ROAD 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 31 RAVENDALE ROAD sales between October 1996 and March 2014 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 November 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 31 RAVENDALE ROAD?

31 RAVENDALE ROAD is 72m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 RAVENDALE ROAD lies on this distribution: 8% of detached houses are smaller than 31 RAVENDALE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

31 RAVENDALE ROAD: Plot and Title Map

31 RAVENDALE ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 31 RAVENDALE ROAD, 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 RAVENDALE ROAD). 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 RAVENDALE ROAD?

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