4, BETTYS LANE, GAINSBOROUGH, DN21 1EA - £325,000

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

4 BETTYS LANE is a very large detached house of 186m², built sometime between 2003 and 2006. It was last sold for £325,000 in August 2020, which was around 40% above the average August 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

4 BETTYS LANE Sold Prices

Land registry data shows four sales for 4 BETTYS LANE 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. Most of the four 4 BETTYS LANE sales 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
2020 6 AUG	£325,000	£232,184	40% above HPI
2010 18 JUN	£245,000	£186,398	31% above HPI
2006 22 DEC	£290,000	£188,712	54% above HPI
2004 2 APR	£55,000	£153,384	64% below HPI

4 BETTYS LANE 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 4 BETTYS LANE sales between April 2004 and August 2020 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 June 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2020 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 4 BETTYS LANE?

4 BETTYS LANE is 186m² according to the EPC inspection conducted in November 2019. This puts it in the largest 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 4 BETTYS LANE lies on this distribution: 96% of detached houses are smaller than 4 BETTYS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

4 BETTYS LANE: Plot and Title Map

4 BETTYS LANE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 4 BETTYS LANE, 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 4 BETTYS LANE). 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 4 BETTYS LANE?

4 BETTYS LANE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 4 on BETTYS LANE.