51, GREYSTONES ROAD, GAINSBOROUGH, DN21 2TQ - £144,000

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 GREYSTONES ROAD is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £190,857. It was last sold for £144,000 in February 2018, which was around 34% below the average February 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

51 GREYSTONES ROAD Sold Prices

Land registry data shows two sales for 51 GREYSTONES ROAD 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 51 GREYSTONES 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
2018 19 FEB	£144,000	£219,643	34% below HPI
2017 31 MAY	£110,000	£215,866	49% below HPI

51 GREYSTONES 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 two 51 GREYSTONES ROAD sales from May 2017 and February 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 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2018 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 51 GREYSTONES ROAD be worth now?

51 GREYSTONES ROAD might now be worth an estimated £190,857.

This is based on house price inflation of 32.5%, between February 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 32.5% inflationary increase is applied to the most recent sale price for 51 GREYSTONES ROAD of £144,000 on 19th February 2018. For the value to have increased from £144,000 to £190,857 over the seven years to February 2025, the following assumptions must hold true:

• The value of 51 GREYSTONES ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2018 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 51 GREYSTONES ROAD has not materially changed since February 2018.

How Large is 51 GREYSTONES ROAD?

51 GREYSTONES ROAD is 70m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 51 GREYSTONES ROAD lies on this distribution: 6% of detached houses houses are smaller than 51 GREYSTONES ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

51 GREYSTONES ROAD: Plot and Title Map

51 GREYSTONES ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 51 GREYSTONES 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 GREYSTONES 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 GREYSTONES ROAD?

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