5, WILLOW CLOSE, GAINSBOROUGH, DN21 2TZ - £187,500

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 WILLOW CLOSE is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £187,500 in September 2023, which was around 33% below the average September 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

5 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 5 WILLOW 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 WILLOW CLOSE 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
2023 29 SEP	£187,500	£279,966	33% below HPI
2017 7 JUL	£140,000	£217,884	36% below HPI
2005 25 NOV	£130,000	£177,307	27% below HPI
2001 3 AUG	£52,000	£83,390	38% below HPI

5 WILLOW 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 WILLOW CLOSE sales between August 2001 and September 2023 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 July 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 WILLOW CLOSE?

5 WILLOW CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in February 2017. 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 WILLOW CLOSE lies on this distribution: 24% of detached houses are smaller than 5 WILLOW CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

5 WILLOW CLOSE: Plot and Title Map

5 WILLOW CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 5 WILLOW 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 WILLOW 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 WILLOW CLOSE?

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