34, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XA - £220,000

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

34 RAVENDALE ROAD is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £220,000 in November 2023, which was around 22% below the average November 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

34 RAVENDALE ROAD Sold Prices

Land registry data shows five sales for 34 RAVENDALE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 34 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
2023 3 NOV	£220,000	£281,963	22% below HPI
2021 20 JUL	£160,000	£257,466	38% below HPI
2015 3 JUL	£115,000	£192,441	40% below HPI
2007 26 OCT	£137,000	£201,093	32% below HPI
1999 24 SEP	£53,500	£71,226	25% below HPI

34 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 five 34 RAVENDALE ROAD sales between September 1999 and November 2023 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 July 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 34 RAVENDALE ROAD?

34 RAVENDALE ROAD is 91m² according to the EPC inspection conducted in March 2021. 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 34 RAVENDALE ROAD lies on this distribution: 30% of detached houses are smaller than 34 RAVENDALE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

34 RAVENDALE ROAD: Plot and Title Map

34 RAVENDALE ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 34 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 34 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 34 RAVENDALE ROAD?

34 RAVENDALE ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 34 on RAVENDALE ROAD.