7, THE PINES, GAINSBOROUGH, DN21 1PW - £87,000

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 THE PINES is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £128,415. It was last sold for £87,000 in July 2016, which was around 31% below the average July 2016 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

7 THE PINES Sold Prices

Land registry data shows three sales for 7 THE PINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 7 THE PINES 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 JUL	£87,000	£126,476	31% below HPI
2014 22 DEC	£80,000	£116,824	32% below HPI
2002 5 APR	£41,000	£58,900	30% below HPI

7 THE PINES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 7 THE PINES sales between April 2002 and July 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 December 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 THE PINES be worth now?

7 THE PINES might now be worth an estimated £128,415.

This is based on house price inflation of 47.6%, between July 2016 and February 2025, for semi-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 47.6% inflationary increase is applied to the most recent sale price for 7 THE PINES of £87,000 on 26th July 2016. For the value to have increased from £87,000 to £128,415 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 7 THE PINES has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The July 2016 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE PINES has not materially changed since July 2016.

How Large is 7 THE PINES?

7 THE PINES is 61m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 7 THE PINES lies on this distribution: 2% of semi-detached houses houses are smaller than 7 THE PINES, and 98% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

7 THE PINES: Plot and Title Map

7 THE PINES sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 7 THE PINES, 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 THE PINES). 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 THE PINES?

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