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
59 GAINSBOROUGH DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £252,500 in November 2016, which was around 5% below the average November 2016 detached price in the Tendring local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 59 GAINSBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Most of the five 59 GAINSBOROUGH DRIVE 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 |
---|---|---|---|
2016 8 NOV | £252,500 | £265,927 | 5% below HPI |
2013 8 MAR | £199,995 | £198,969 | 1% above HPI |
2005 30 NOV | £177,500 | £206,913 | 14% below HPI |
2002 28 JUN | £134,000 | £142,378 | 6% below HPI |
1998 21 DEC | £66,500 | £79,922 | 17% below HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The five 59 GAINSBOROUGH DRIVE sales between December 1998 and November 2016 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 March 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
59 GAINSBOROUGH DRIVE is 82m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Lawford, and where 59 GAINSBOROUGH DRIVE lies on this distribution: 18% of detached houses are smaller than 59 GAINSBOROUGH DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lawford.
59 GAINSBOROUGH DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 59 GAINSBOROUGH DRIVE, 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 59 GAINSBOROUGH DRIVE). 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.
59 GAINSBOROUGH DRIVE is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 59 on GAINSBOROUGH DRIVE.