4, BROOK STREET, HEMSWELL, GAINSBOROUGH, DN21 5UJ - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BROOK STREET is a very small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £221,798. It was last sold for £185,000 in December 2020, which was around 24% below the average December 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was A.

4 BROOK STREET Sold Prices

Land registry data shows four sales for 4 BROOK STREET 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 4 BROOK STREET 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
2020 16 DEC	£185,000	£242,816	24% below HPI
2009 22 JUL	£180,000	£180,953	1% below HPI
2003 15 AUG	£119,000	£144,733	18% below HPI
2002 5 JUL	£82,500	£104,887	21% below HPI

4 BROOK STREET 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 BROOK STREET sales between July 2002 and December 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 July 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 BROOK STREET be worth now?

4 BROOK STREET might now be worth an estimated £221,798.

This is based on house price inflation of 19.9%, between December 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.9% inflationary increase is applied to the most recent sale price for 4 BROOK STREET of £185,000 on 16th December 2020. For the value to have increased from £185,000 to £221,798 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 BROOK STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BROOK STREET has not materially changed since December 2020.

How Large is 4 BROOK STREET?

4 BROOK STREET is 96m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Hemswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemswell, and where 4 BROOK STREET lies on this distribution: 19% of detached houses houses are smaller than 4 BROOK STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Hemswell.

4 BROOK STREET: Plot and Title Map

4 BROOK STREET sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 4 BROOK STREET, 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 BROOK STREET). 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 BROOK STREET?

4 BROOK STREET is located in HEMSWELL, in the DN21 postcode district. The below map shows the position of No. 4 on BROOK STREET.