65, LEA ROAD, GAINSBOROUGH, DN21 1LH - £40,000

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.

65 LEA ROAD is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £63,027. It was last sold for £40,000 in July 2009, which was around 57% below the average July 2009 terraced price in the West Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

65 LEA ROAD Sold Prices

Land registry data shows three sales for 65 LEA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 65 LEA ROAD 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
2009 8 JUL	£40,000	£93,171	57% below HPI
2000 11 JUL	£10,500	£33,247	68% below HPI
1996 26 NOV	£14,500	£29,530	51% below HPI

65 LEA ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The three 65 LEA ROAD sales between November 1996 and July 2009 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 2000 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the July 2009 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 65 LEA ROAD be worth now?

65 LEA ROAD might now be worth an estimated £63,027.

This is based on house price inflation of 57.6%, between July 2009 and July 2025, for terraced 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 57.6% inflationary increase is applied to the most recent sale price for 65 LEA ROAD of £40,000 on 8th July 2009. For the value to have increased from £40,000 to £63,027 over the sixteen years to July 2025, the following assumptions must hold true:

• The value of 65 LEA ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The July 2009 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 65 LEA ROAD has not materially changed since July 2009.

How Large is 65 LEA ROAD?

65 LEA ROAD is 64m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of terraced houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gainsborough, and where 65 LEA ROAD lies on this distribution: 4% of terraced houses houses are smaller than 65 LEA ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

65 LEA ROAD: Plot and Title Map

65 LEA ROAD sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 65 LEA 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 65 LEA 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.

Where is 65 LEA ROAD?

65 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 65 on LEA ROAD.