4, LABURNUM AVENUE, GAINSBOROUGH, DN21 1ET - £80,000

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 LABURNUM AVENUE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £80,000 in February 2004, which was around 47% below the average February 2004 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

4 LABURNUM AVENUE Sold Prices

Land registry data shows two sales for 4 LABURNUM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 4 LABURNUM AVENUE 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
2004 12 FEB	£80,000	£151,739	47% below HPI
1997 27 MAR	£27,000	£62,590	57% below HPI

4 LABURNUM AVENUE 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 two 4 LABURNUM AVENUE sales from March 1997 and February 2004 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 March 1997 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2004 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 4 LABURNUM AVENUE?

4 LABURNUM AVENUE is 105m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 LABURNUM AVENUE lies on this distribution: 53% of detached houses are smaller than 4 LABURNUM AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

4 LABURNUM AVENUE: Plot and Title Map

4 LABURNUM AVENUE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 LABURNUM AVENUE, 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 LABURNUM AVENUE). 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 LABURNUM AVENUE?

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