5, LUDFORD CRESCENT, GAINSBOROUGH, DN21 1XB - £131,000

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 LUDFORD CRESCENT is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £191,091. It was last sold for £131,000 in June 2016, which was around 34% below the average June 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

5 LUDFORD CRESCENT Sold Prices

Land registry data shows two sales for 5 LUDFORD CRESCENT 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 LUDFORD CRESCENT 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
2016 6 JUN	£131,000	£199,570	34% below HPI
1997 5 SEP	£47,500	£70,507	33% below HPI

5 LUDFORD CRESCENT 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 LUDFORD CRESCENT sales from September 1997 and June 2016 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 September 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 LUDFORD CRESCENT be worth now?

5 LUDFORD CRESCENT might now be worth an estimated £191,091.

This is based on house price inflation of 45.9%, between June 2016 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 45.9% inflationary increase is applied to the most recent sale price for 5 LUDFORD CRESCENT of £131,000 on 6th June 2016. For the value to have increased from £131,000 to £191,091 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 5 LUDFORD CRESCENT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2016 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LUDFORD CRESCENT has not materially changed since June 2016.

How Large is 5 LUDFORD CRESCENT?

5 LUDFORD CRESCENT is 91m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% 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 LUDFORD CRESCENT lies on this distribution: 29% of detached houses houses are smaller than 5 LUDFORD CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

5 LUDFORD CRESCENT: Plot and Title Map

5 LUDFORD CRESCENT sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 LUDFORD CRESCENT, 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 LUDFORD CRESCENT). 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 LUDFORD CRESCENT?

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