7, ASPEN COURT, GAINSBOROUGH, DN21 1FG - £140,000

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.

7 ASPEN COURT is a very large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £198,416. It was last sold for £140,000 in August 2016, which was around 32% below the average August 2016 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

7 ASPEN COURT Sold Prices

Land registry data shows two sales for 7 ASPEN COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 7 ASPEN COURT 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 26 AUG	£140,000	£205,407	32% below HPI
1998 16 JAN	£57,000	£68,343	17% below HPI

7 ASPEN COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 7 ASPEN COURT sales from January 1998 and August 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 January 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 ASPEN COURT be worth now?

7 ASPEN COURT might now be worth an estimated £198,416.

This is based on house price inflation of 41.7%, between August 2016 and February 2025, for detached 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 41.7% inflationary increase is applied to the most recent sale price for 7 ASPEN COURT of £140,000 on 26th August 2016. For the value to have increased from £140,000 to £198,416 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 7 ASPEN COURT has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2016 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASPEN COURT has not materially changed since August 2016.

How Large is 7 ASPEN COURT?

7 ASPEN COURT is 148m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 7 ASPEN COURT lies on this distribution: 89% of detached houses houses are smaller than 7 ASPEN COURT, and 11% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

7 ASPEN COURT: Plot and Title Map

7 ASPEN COURT sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 7 ASPEN COURT, 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 7 ASPEN COURT). 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 7 ASPEN COURT?

7 ASPEN COURT is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 7 on ASPEN COURT.