5, THE AVENUE, GAINSBOROUGH, DN21 1EP - £250,000

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 THE AVENUE is a very large detached house of 130m², built sometime between 1900 and 1929. It was last sold for £250,000 in August 2019, which was around 13% above the average August 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

5 THE AVENUE Sold Prices

Land registry data shows two sales for 5 THE 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. One of the two 5 THE AVENUE sales was for above the average price, whilst the other was 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
2019 2 AUG	£250,000	£221,167	13% above HPI
2013 19 MAR	£153,500	£176,129	13% below HPI

5 THE 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 THE AVENUE sales from March 2013 and August 2019 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 March 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2019 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 THE AVENUE?

5 THE AVENUE is 130m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% 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 THE AVENUE lies on this distribution: 81% of detached houses are smaller than 5 THE AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

5 THE AVENUE: Plot and Title Map

5 THE AVENUE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 THE 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 THE 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 THE AVENUE?

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