39, PINGLE CLOSE, GAINSBOROUGH, DN21 1XR - £262,500

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

39 PINGLE CLOSE is a large semi-detached house of 127m², built sometime between 2003 and 2006. It was last sold for £262,500 in September 2023, which was around 7% below the average September 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

39 PINGLE CLOSE Sold Prices

Land registry data shows three sales for 39 PINGLE 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. One of the three 39 PINGLE CLOSE sales was for below the average price, whilst two were for above 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 15 SEP	£262,500	£281,400	7% below HPI
2006 1 AUG	£217,500	£175,402	24% above HPI
2004 27 FEB	£167,000	£151,739	10% above HPI

39 PINGLE 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 39 PINGLE CLOSE sales between February 2004 and September 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 August 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 39 PINGLE CLOSE?

39 PINGLE CLOSE is 127m² according to the EPC inspection conducted in May 2023. This puts it in the largest 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 39 PINGLE CLOSE lies on this distribution: 79% of detached houses are smaller than 39 PINGLE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

39 PINGLE CLOSE: Plot and Title Map

39 PINGLE CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 39 PINGLE 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 39 PINGLE 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 39 PINGLE CLOSE?

39 PINGLE CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 39 on PINGLE CLOSE.