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

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 NORTHFIELD CLOSE is a very large extended detached house of 225m², built sometime between 2003 and 2006, which could now be worth an estimated £375,377. It was last sold for £290,000 in June 2018, which was around 29% 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	£224,902	29% above HPI
2014 16 MAY	£227,000	£187,363	21% above HPI
2006 25 MAY	£265,000	£177,966	49% above HPI
2005 21 JUL	£263,571	£183,620	44% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2018 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 5 NORTHFIELD CLOSE be worth now?

5 NORTHFIELD CLOSE might now be worth an estimated £375,377.

This is based on house price inflation of 29.4%, between June 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 29.4% inflationary increase is applied to the most recent sale price for 5 NORTHFIELD CLOSE of £290,000 on 22nd June 2018. For the value to have increased from £290,000 to £375,377 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 NORTHFIELD CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2018 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NORTHFIELD CLOSE has not materially changed since June 2018.

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 houses in Laughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laughton, and where 5 NORTHFIELD CLOSE lies on this distribution: 95% of detached houses 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 0.149 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.