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

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.

40 ALFRED STREET is a large extended detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £139,448. It was last sold for £95,000 in August 2007, which was around 52% 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	£198,324	52% below HPI
2007 25 MAY	£110,000	£186,994	41% below HPI
2003 5 SEP	£72,400	£146,526	51% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2007 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 40 ALFRED STREET be worth now?

40 ALFRED STREET might now be worth an estimated £139,448.

This is based on house price inflation of 46.8%, between August 2007 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 46.8% inflationary increase is applied to the most recent sale price for 40 ALFRED STREET of £95,000 on 3rd August 2007. For the value to have increased from £95,000 to £139,448 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 40 ALFRED STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2007 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ALFRED STREET has not materially changed since August 2007.

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 houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 40 ALFRED STREET lies on this distribution: 61% of detached houses houses are smaller than 40 ALFRED STREET, and 38% 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.