51, GAINSBOROUGH ROAD, SCOTTER, GAINSBOROUGH, DN21 3RS - £263,000

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.

51 GAINSBOROUGH ROAD is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £260,386. It was last sold for £263,000 in December 2022, which was around 11% below the average December 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

51 GAINSBOROUGH ROAD Sold Prices

Land registry data shows four sales for 51 GAINSBOROUGH ROAD 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 51 GAINSBOROUGH ROAD 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
2022 20 DEC	£263,000	£294,036	11% below HPI
2020 20 MAY	£195,000	£227,613	14% below HPI
2014 28 NOV	£148,000	£188,295	21% below HPI
2004 1 OCT	£167,000	£174,583	4% below HPI

51 GAINSBOROUGH ROAD 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 51 GAINSBOROUGH ROAD sales between October 2004 and December 2022 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 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 51 GAINSBOROUGH ROAD be worth now?

51 GAINSBOROUGH ROAD might now be worth an estimated £260,386.

This is based on house price deflation of 1%, between December 2022 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 1% deflationary decrease is applied to the most recent sale price for 51 GAINSBOROUGH ROAD of £263,000 on 20th December 2022. For the value to have decreased from £263,000 to £260,386 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 51 GAINSBOROUGH ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2022 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 51 GAINSBOROUGH ROAD has not materially changed since December 2022.

How Large is 51 GAINSBOROUGH ROAD?

51 GAINSBOROUGH ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scotter, and where 51 GAINSBOROUGH ROAD lies on this distribution: 40% of detached houses houses are smaller than 51 GAINSBOROUGH ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Scotter.

51 GAINSBOROUGH ROAD: Plot and Title Map

51 GAINSBOROUGH ROAD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 51 GAINSBOROUGH ROAD, 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 51 GAINSBOROUGH ROAD). 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 51 GAINSBOROUGH ROAD?

51 GAINSBOROUGH ROAD is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 51 on GAINSBOROUGH ROAD.