55, THE PINES, GAINSBOROUGH, DN21 1PW - £108,000

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.

55 THE PINES is a very small semi-detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £143,529. It was last sold for £108,000 in August 2019, which was around 23% below the average August 2019 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

55 THE PINES Sold Prices

Land registry data shows five sales for 55 THE PINES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 55 THE PINES 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
2019 12 AUG	£108,000	£140,472	23% below HPI
2017 28 FEB	£93,000	£128,409	28% below HPI
2011 26 OCT	£82,500	£112,581	27% below HPI
2007 10 AUG	£86,000	£126,581	32% below HPI
2005 8 APR	£92,500	£107,839	14% below HPI

55 THE PINES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The five 55 THE PINES sales between April 2005 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 February 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 55 THE PINES be worth now?

55 THE PINES might now be worth an estimated £143,529.

This is based on house price inflation of 32.9%, between August 2019 and February 2025, for semi-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 32.9% inflationary increase is applied to the most recent sale price for 55 THE PINES of £108,000 on 12th August 2019. For the value to have increased from £108,000 to £143,529 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 55 THE PINES has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The August 2019 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 55 THE PINES has not materially changed since August 2019.

How Large is 55 THE PINES?

55 THE PINES is 63m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 55 THE PINES lies on this distribution: 3% of semi-detached houses houses are smaller than 55 THE PINES, and 97% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

55 THE PINES: Plot and Title Map

55 THE PINES sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 55 THE PINES, 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 55 THE PINES). 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 55 THE PINES?

55 THE PINES is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 55 on THE PINES.