BROOK HOUSE, REDBOURNE ROAD, WADDINGHAM, GAINSBOROUGH, DN21 4TD - £245,000

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.

BROOK HOUSE is a small extended detached house of 101m², built sometime before 1900, which could now be worth an estimated £257,744. It was last sold for £245,000 in May 2022, which was around 11% below the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was A.

BROOK HOUSE Sold Prices

Land registry data shows two sales for BROOK HOUSE 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 BROOK HOUSE 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 18 MAY	£245,000	£276,720	11% below HPI
1999 26 NOV	£53,000	£74,391	29% below HPI

BROOK HOUSE 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 BROOK HOUSE sales from November 1999 and May 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 November 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might BROOK HOUSE be worth now?

BROOK HOUSE might now be worth an estimated £257,744.

This is based on house price inflation of 5.2%, between May 2022 and February 2025, for 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 5.2% inflationary increase is applied to the most recent sale price for BROOK HOUSE of £245,000 on 18th May 2022. For the value to have increased from £245,000 to £257,744 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of BROOK HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of BROOK HOUSE has not materially changed since May 2022.

How Large is BROOK HOUSE?

BROOK HOUSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses houses in Waddingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waddingham, and where BROOK HOUSE lies on this distribution: 35% of detached houses houses are smaller than BROOK HOUSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Waddingham.

BROOK HOUSE: Plot and Title Map

BROOK HOUSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of BROOK HOUSE, 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 BROOK HOUSE). 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 BROOK HOUSE?

BROOK HOUSE is located on REDBOURNE ROAD in WADDINGHAM, in the DN21 postcode district. The below map shows the position of BROOK HOUSE on REDBOURNE ROAD.