40, ALFRED STREET, GAINSBOROUGH, DN21 2LB - £95,000

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

40 ALFRED STREET is a large extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £95,000 in August 2007, which was around 51% below the average August 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

40 ALFRED STREET Sold Prices

Land registry data shows three sales for 40 ALFRED STREET 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 40 ALFRED 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
2007 3 AUG	£95,000	£195,479	51% below HPI
2007 25 MAY	£110,000	£184,311	40% below HPI
2003 5 SEP	£72,400	£144,424	50% below HPI

40 ALFRED 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 three 40 ALFRED STREET sales between September 2003 and August 2007 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 May 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2007 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 40 ALFRED STREET?

40 ALFRED STREET is 113m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 40 ALFRED STREET lies on this distribution: 62% of detached houses are smaller than 40 ALFRED STREET, and 37% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 ALFRED STREET: Plot and Title Map

40 ALFRED STREET sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 40 ALFRED 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 40 ALFRED 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 40 ALFRED STREET?

40 ALFRED STREET is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 40 on ALFRED STREET.