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
61 GAINSBOROUGH DRIVE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £236,000 in December 2015, which was around 4% below the average December 2015 detached price in the Tendring local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 61 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. All of the five 61 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 |
---|---|---|---|
2015 4 DEC | £236,000 | £244,702 | 4% below HPI |
2007 12 JUL | £198,000 | £236,909 | 16% below HPI |
2002 26 JUL | £140,000 | £147,117 | 5% below HPI |
1998 27 NOV | £68,000 | £78,140 | 13% below HPI |
1996 31 MAY | £59,950 | £62,057 | 3% 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 61 GAINSBOROUGH DRIVE sales between May 1996 and December 2015 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 July 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
61 GAINSBOROUGH DRIVE is 96m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Lawford, and where 61 GAINSBOROUGH DRIVE lies on this distribution: 30% of detached houses are smaller than 61 GAINSBOROUGH DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lawford.
61 GAINSBOROUGH DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 61 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 61 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.
61 GAINSBOROUGH DRIVE is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 61 on GAINSBOROUGH DRIVE.