71, GAINSBOROUGH ROAD, SCOTTER, GAINSBOROUGH, DN21 3RU - £265,000

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

71 GAINSBOROUGH ROAD is a midsized detached house of 106m², built sometime between 1967 and 1975. It was last sold for £265,000 in June 2022, which was around 5% below the average June 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

71 GAINSBOROUGH ROAD Sold Prices

Land registry data shows four sales for 71 GAINSBOROUGH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 71 GAINSBOROUGH 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
2022 24 JUN	£265,000	£279,524	5% below HPI
2021 11 AUG	£190,000	£255,587	26% below HPI
2006 30 JUN	£142,500	£173,252	18% below HPI
2000 25 FEB	£60,000	£72,329	17% below HPI

71 GAINSBOROUGH ROAD 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 four 71 GAINSBOROUGH ROAD sales between February 2000 and June 2022 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 August 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 71 GAINSBOROUGH ROAD?

71 GAINSBOROUGH ROAD is 106m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses in Scotter, based on EPC data. The below chart shows the distribution of detached houses by size in Scotter, and where 71 GAINSBOROUGH ROAD lies on this distribution: 40% of detached houses are smaller than 71 GAINSBOROUGH ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Scotter.

71 GAINSBOROUGH ROAD: Plot and Title Map

71 GAINSBOROUGH ROAD sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 71 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 71 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.

Where is 71 GAINSBOROUGH ROAD?

71 GAINSBOROUGH ROAD is located in SCOTTER, in the DN21 postcode district. The below map shows the position of No. 71 on GAINSBOROUGH ROAD.