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 ROAD is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £245,000 in July 2014, which was around 33% above the average July 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 61 GAINSBOROUGH ROAD 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. Two of the three 61 GAINSBOROUGH ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2014 24 JUL | £245,000 | £184,669 | 33% above HPI |
2003 10 NOV | £162,500 | £148,078 | 10% above HPI |
1996 27 SEP | £55,000 | £62,492 | 12% 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 61 GAINSBOROUGH ROAD sales between September 1996 and July 2014 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 November 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
61 GAINSBOROUGH ROAD is 175m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 61 GAINSBOROUGH ROAD lies on this distribution: 83% of detached houses are smaller than 61 GAINSBOROUGH ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Scotter.
61 GAINSBOROUGH ROAD sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of 61 GAINSBOROUGH 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 61 GAINSBOROUGH 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.
61 GAINSBOROUGH ROAD is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 61 on GAINSBOROUGH ROAD.