54, GREYSTONES ROAD, GAINSBOROUGH, DN21 2TX - £130,000

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

54 GREYSTONES ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £130,000 in August 2021, which was around 49% below the average August 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

54 GREYSTONES ROAD Sold Prices

Land registry data shows two sales for 54 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 54 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
2021 2 AUG	£130,000	£255,587	49% below HPI
2003 3 JAN	£94,950	£117,868	19% below HPI

54 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 54 GREYSTONES ROAD sales from January 2003 and August 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 January 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 54 GREYSTONES ROAD?

54 GREYSTONES ROAD is 73m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 54 GREYSTONES ROAD lies on this distribution: 8% of detached houses are smaller than 54 GREYSTONES ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

54 GREYSTONES ROAD: Plot and Title Map

54 GREYSTONES ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 54 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 54 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 54 GREYSTONES ROAD?

54 GREYSTONES ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 54 on GREYSTONES ROAD.