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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LUDFORD CRESCENT is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £131,000 in June 2016, which was around 33% 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	£196,707	33% below HPI
1997 5 SEP	£47,500	£69,496	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

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 in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 5 LUDFORD CRESCENT lies on this distribution: 30% of detached 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.