4, GRAVEL PIT ROAD, SCOTTER, GAINSBOROUGH, DN21 3SP - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 GRAVEL PIT ROAD is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £240,000 in January 2022, which was around 13% below the average January 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

4 GRAVEL PIT ROAD Sold Prices

Land registry data shows three sales for 4 GRAVEL PIT 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 4 GRAVEL PIT 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
2022 24 JAN	£240,000	£275,232	13% below HPI
2006 26 JUN	£170,000	£173,252	2% below HPI
2003 1 SEP	£105,000	£144,424	27% below HPI

4 GRAVEL PIT 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 4 GRAVEL PIT ROAD sales between September 2003 and January 2022 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 GRAVEL PIT ROAD?

4 GRAVEL PIT ROAD is 100m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 4 GRAVEL PIT ROAD lies on this distribution: 34% of detached houses are smaller than 4 GRAVEL PIT ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Scotter.

4 GRAVEL PIT ROAD: Plot and Title Map

4 GRAVEL PIT ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 4 GRAVEL PIT 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 4 GRAVEL PIT 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 4 GRAVEL PIT ROAD?

4 GRAVEL PIT ROAD is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 4 on GRAVEL PIT ROAD.