5, NORTHFIELD CLOSE, LAUGHTON, GAINSBOROUGH, DN21 3GR - £290,000

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

5 NORTHFIELD CLOSE is a very large extended detached house of 225m², built sometime between 2003 and 2006. It was last sold for £290,000 in June 2018, which was around 31% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

5 NORTHFIELD CLOSE Sold Prices

Land registry data shows four sales for 5 NORTHFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 5 NORTHFIELD CLOSE 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
2018 22 JUN	£290,000	£221,675	31% above HPI
2014 16 MAY	£227,000	£184,675	23% above HPI
2006 25 MAY	£265,000	£175,413	51% above HPI
2005 21 JUL	£263,571	£180,986	46% above HPI

5 NORTHFIELD 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 four 5 NORTHFIELD CLOSE sales between July 2005 and June 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 May 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2018 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 5 NORTHFIELD CLOSE?

5 NORTHFIELD CLOSE is 225m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses in Laughton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughton, and where 5 NORTHFIELD CLOSE lies on this distribution: 95% of detached houses are smaller than 5 NORTHFIELD CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Laughton.

5 NORTHFIELD CLOSE: Plot and Title Map

5 NORTHFIELD CLOSE sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of 5 NORTHFIELD 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 NORTHFIELD 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 NORTHFIELD CLOSE?

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