41, HEAPHAM ROAD, GAINSBOROUGH, DN21 1SJ - £89,950

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.

41 HEAPHAM ROAD is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £138,857. It was last sold for £89,950 in June 2007, which was around 52% below the average June 2007 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

41 HEAPHAM ROAD Sold Prices

Land registry data shows three sales for 41 HEAPHAM 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 41 HEAPHAM 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
2007 1 JUN	£89,950	£188,580	52% below HPI
2003 4 APR	£56,500	£139,642	60% below HPI
1998 3 AUG	£28,000	£72,479	61% below HPI

41 HEAPHAM 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 41 HEAPHAM ROAD sales between August 1998 and June 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 April 2003 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the June 2007 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 41 HEAPHAM ROAD be worth now?

41 HEAPHAM ROAD might now be worth an estimated £138,857.

This is based on house price inflation of 54.4%, between June 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 54.4% inflationary increase is applied to the most recent sale price for 41 HEAPHAM ROAD of £89,950 on 1st June 2007. For the value to have increased from £89,950 to £138,857 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 41 HEAPHAM ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2007 sale price of £89,950 represented a fair market value for the property.
• The size, condition, and specification of 41 HEAPHAM ROAD has not materially changed since June 2007.

How Large is 41 HEAPHAM ROAD?

41 HEAPHAM ROAD is 74m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% 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 41 HEAPHAM ROAD lies on this distribution: 9% of detached houses houses are smaller than 41 HEAPHAM ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

41 HEAPHAM ROAD: Plot and Title Map

41 HEAPHAM ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 41 HEAPHAM 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 41 HEAPHAM 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 41 HEAPHAM ROAD?

41 HEAPHAM ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 41 on HEAPHAM ROAD.