42, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XA - £137,500

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.

42 RAVENDALE ROAD is a small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £174,551. It was last sold for £137,500 in February 2020, which was around 40% below the average February 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was C.

42 RAVENDALE ROAD Sold Prices

Land registry data shows two sales for 42 RAVENDALE 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 42 RAVENDALE 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
2020 7 FEB	£137,500	£229,321	40% below HPI
1998 6 JAN	£48,950	£68,343	28% below HPI

42 RAVENDALE 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 42 RAVENDALE ROAD sales from January 1998 and February 2020 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 January 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 42 RAVENDALE ROAD be worth now?

42 RAVENDALE ROAD might now be worth an estimated £174,551.

This is based on house price inflation of 26.9%, between February 2020 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 26.9% inflationary increase is applied to the most recent sale price for 42 RAVENDALE ROAD of £137,500 on 7th February 2020. For the value to have increased from £137,500 to £174,551 over the five years to February 2025, the following assumptions must hold true:

• The value of 42 RAVENDALE ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2020 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 42 RAVENDALE ROAD has not materially changed since February 2020.

How Large is 42 RAVENDALE ROAD?

42 RAVENDALE ROAD is 92m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 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 42 RAVENDALE ROAD lies on this distribution: 32% of detached houses houses are smaller than 42 RAVENDALE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

42 RAVENDALE ROAD: Plot and Title Map

42 RAVENDALE ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 42 RAVENDALE 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 42 RAVENDALE 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 42 RAVENDALE ROAD?

42 RAVENDALE ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 42 on RAVENDALE ROAD.