71, SANDSFIELD LANE, GAINSBOROUGH, DN21 1BQ - £50,000

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 SANDSFIELD LANE is a small extended detached house of 97m², built sometime between 1900 and 1929. It was last sold for £50,000 in February 2004, which was around 67% below the average February 2004 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

71 SANDSFIELD LANE Sold Prices

Land registry data shows two sales for 71 SANDSFIELD LANE 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 71 SANDSFIELD LANE 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
2004 13 FEB	£50,000	£151,739	67% below HPI
2002 8 MAR	£19,000	£98,976	81% below HPI

71 SANDSFIELD LANE 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 71 SANDSFIELD LANE sales from March 2002 and February 2004 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 March 2002 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the February 2004 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 71 SANDSFIELD LANE?

71 SANDSFIELD LANE is 97m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 71 SANDSFIELD LANE lies on this distribution: 39% of detached houses are smaller than 71 SANDSFIELD LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

71 SANDSFIELD LANE: Plot and Title Map

71 SANDSFIELD LANE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 71 SANDSFIELD LANE, 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 SANDSFIELD LANE). 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 SANDSFIELD LANE?

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