8, SOUTHLANDS DRIVE, MORTON, GAINSBOROUGH, DN21 3EZ - £225,000

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

8 SOUTHLANDS DRIVE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £225,000 in September 2022, which was around 21% below the average September 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

8 SOUTHLANDS DRIVE Sold Prices

Land registry data shows four sales for 8 SOUTHLANDS DRIVE 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 8 SOUTHLANDS DRIVE 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 12 SEP	£225,000	£284,219	21% below HPI
2005 23 SEP	£155,000	£179,860	14% below HPI
2001 2 MAR	£67,000	£81,316	18% below HPI
1998 25 SEP	£56,500	£71,242	21% below HPI

8 SOUTHLANDS DRIVE 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 8 SOUTHLANDS DRIVE sales between September 1998 and September 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 September 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 SOUTHLANDS DRIVE?

8 SOUTHLANDS DRIVE is 62m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 8 SOUTHLANDS DRIVE lies on this distribution: 2% of detached houses are smaller than 8 SOUTHLANDS DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

8 SOUTHLANDS DRIVE: Plot and Title Map

8 SOUTHLANDS DRIVE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 8 SOUTHLANDS DRIVE, 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 8 SOUTHLANDS DRIVE). 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 8 SOUTHLANDS DRIVE?

8 SOUTHLANDS DRIVE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 8 on SOUTHLANDS DRIVE.