40, CLAREMONT ROAD, GAINSBOROUGH, DN21 1QW - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 CLAREMONT ROAD is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £185,420. It was last sold for £175,000 in December 2021, which was around 35% below the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

40 CLAREMONT ROAD Sold Prices

Land registry data shows two sales for 40 CLAREMONT ROAD 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 40 CLAREMONT 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
2021 13 DEC	£175,000	£268,908	35% below HPI
1998 18 DEC	£54,000	£68,540	21% below HPI

40 CLAREMONT 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 two 40 CLAREMONT ROAD sales from December 1998 and December 2021 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 December 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 40 CLAREMONT ROAD be worth now?

40 CLAREMONT ROAD might now be worth an estimated £185,420.

This is based on house price inflation of 6%, between December 2021 and December 2024, 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 6% inflationary increase is applied to the most recent sale price for 40 CLAREMONT ROAD of £175,000 on 13th December 2021. For the value to have increased from £175,000 to £185,420 over the three years to December 2024, the following assumptions must hold true:

• The value of 40 CLAREMONT ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CLAREMONT ROAD has not materially changed since December 2021.

How Large is 40 CLAREMONT ROAD?

40 CLAREMONT ROAD is 77m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 CLAREMONT ROAD lies on this distribution: 12% of detached houses houses are smaller than 40 CLAREMONT ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 CLAREMONT ROAD: Plot and Title Map

40 CLAREMONT ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 40 CLAREMONT 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 40 CLAREMONT 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 40 CLAREMONT ROAD?

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