BEDE LODGE, SUMMER HILL, GAINSBOROUGH, DN21 1HQ - £450,000

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

BEDE LODGE is a very large detached house of 200m², built sometime between 1996 and 2002. It was last sold for £450,000 in June 2021, which was around 74% above the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

BEDE LODGE Sold Prices

Land registry data shows two sales for BEDE LODGE 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. One of the two BEDE LODGE sales was for above the average price, whilst the other was 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
2021 14 JUN	£450,000	£258,781	74% above HPI
2000 10 NOV	£35,000	£81,091	57% below HPI

BEDE LODGE 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 BEDE LODGE sales from November 2000 and June 2021 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 November 2000 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2021 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is BEDE LODGE?

BEDE LODGE is 200m² according to the EPC inspection conducted in June 2017. This puts it in the largest 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 BEDE LODGE lies on this distribution: 97% of detached houses are smaller than BEDE LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

BEDE LODGE: Plot and Title Map

BEDE LODGE sits on a plot of roughly 0.395 of an acre, or 1,597m². The below map shows the location of BEDE LODGE, 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 BEDE LODGE). 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 BEDE LODGE?

BEDE LODGE is located on SUMMER HILL in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of BEDE LODGE on SUMMER HILL.