5, SOUTHLANDS AVENUE, MORTON, GAINSBOROUGH, DN21 3EY - £193,000

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 SOUTHLANDS AVENUE is a large detached house of 119m², built sometime between 1983 and 1990. It was last sold for £193,000 in April 2021, which was around 23% below the average April 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

5 SOUTHLANDS AVENUE Sold Prices

Land registry data shows two sales for 5 SOUTHLANDS AVENUE 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 SOUTHLANDS AVENUE 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
2021 1 APR	£193,000	£252,116	23% below HPI
1997 20 JUN	£59,000	£65,185	9% below HPI

5 SOUTHLANDS AVENUE 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 SOUTHLANDS AVENUE sales from June 1997 and April 2021 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 June 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 SOUTHLANDS AVENUE?

5 SOUTHLANDS AVENUE is 119m² according to the EPC inspection conducted in July 2020. This puts it in the largest 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 SOUTHLANDS AVENUE lies on this distribution: 71% of detached houses are smaller than 5 SOUTHLANDS AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

5 SOUTHLANDS AVENUE: Plot and Title Map

5 SOUTHLANDS AVENUE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 5 SOUTHLANDS AVENUE, 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 SOUTHLANDS AVENUE). 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 SOUTHLANDS AVENUE?

5 SOUTHLANDS AVENUE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 5 on SOUTHLANDS AVENUE.