5, COUPLAND CLOSE, GAINSBOROUGH, DN21 1WE - £185,000

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.

5 COUPLAND CLOSE is a very large extended detached house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £234,158. It was last sold for £185,000 in August 2018, which was around 20% below the average August 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

5 COUPLAND CLOSE Sold Prices

Land registry data shows two sales for 5 COUPLAND CLOSE 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 5 COUPLAND CLOSE 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
2018 9 AUG	£185,000	£229,999	20% below HPI
2003 11 DEC	£149,950	£152,460	2% below HPI

5 COUPLAND CLOSE 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 5 COUPLAND CLOSE sales from December 2003 and August 2018 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 COUPLAND CLOSE be worth now?

5 COUPLAND CLOSE might now be worth an estimated £234,158.

This is based on house price inflation of 26.6%, between August 2018 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 26.6% inflationary increase is applied to the most recent sale price for 5 COUPLAND CLOSE of £185,000 on 9th August 2018. For the value to have increased from £185,000 to £234,158 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 COUPLAND CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COUPLAND CLOSE has not materially changed since August 2018.

How Large is 5 COUPLAND CLOSE?

5 COUPLAND CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 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 5 COUPLAND CLOSE lies on this distribution: 84% of detached houses houses are smaller than 5 COUPLAND CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

5 COUPLAND CLOSE: Plot and Title Map

5 COUPLAND CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 COUPLAND CLOSE, 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 5 COUPLAND CLOSE). 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 5 COUPLAND CLOSE?

5 COUPLAND CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 5 on COUPLAND CLOSE.