42, WESTGATE, SCOTTON, GAINSBOROUGH, DN21 3QY - £450,000

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

42 WESTGATE is a large extended detached house of 177m², built sometime between 2003 and 2006. It was last sold for £450,000 in March 2022, which was around 65% above the average March 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

42 WESTGATE Sold Prices

Land registry data shows two sales for 42 WESTGATE 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 WESTGATE sales were for above 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
2022 21 MAR	£450,000	£273,442	65% above HPI
2006 4 MAY	£190,000	£175,413	8% above HPI

42 WESTGATE 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 WESTGATE sales from May 2006 and March 2022 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 42 WESTGATE?

42 WESTGATE is 177m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses in Scotton, based on EPC data. The below chart shows the distribution of detached houses by size in Scotton, and where 42 WESTGATE lies on this distribution: 67% of detached houses are smaller than 42 WESTGATE, and 33% of houses are larger. Note that EPC data is not available for all properties in Scotton.

42 WESTGATE: Plot and Title Map

42 WESTGATE sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of 42 WESTGATE, 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 WESTGATE). 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 WESTGATE?

42 WESTGATE is located in SCOTTON, in the DN21 postcode district. The below map shows the position of No. 42 on WESTGATE.