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
57 MAYFLOWER CLOSE is a small extended semi-detached house of 87m², built sometime between 1950 and 1966. It was last sold for £125,000 in October 2012, which was around 30% below the average October 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 57 MAYFLOWER CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 57 MAYFLOWER 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 |
---|---|---|---|
2012 31 OCT | £125,000 | £179,111 | 30% below HPI |
2004 9 JAN | £94,950 | £151,338 | 37% below HPI |
2001 30 NOV | £69,000 | £89,618 | 23% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 57 MAYFLOWER CLOSE sales between November 2001 and October 2012 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2012 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
57 MAYFLOWER CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 57 MAYFLOWER CLOSE lies on this distribution: 24% of detached houses are smaller than 57 MAYFLOWER CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.
57 MAYFLOWER CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 57 MAYFLOWER 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 57 MAYFLOWER 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.
57 MAYFLOWER CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 57 on MAYFLOWER CLOSE.