1, FALCON GROVE, GAINSBOROUGH, DN21 1GQ - £120,000

1 FALCON GROVE is a very small detached house of 82m², built sometime from 2007 onwards. It was last sold for £120,000 in May 2014, which was around 35% below the average May 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

1 FALCON GROVE Sold Prices

Land registry data shows three sales for 1 FALCON GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 1 FALCON GROVE 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
2014 22 MAY	£120,000	£184,675	35% below HPI
2008 11 JUN	£65,000	£184,333	65% below HPI
2007 21 DEC	£104,796	£201,838	48% below HPI

1 FALCON GROVE 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 three 1 FALCON GROVE sales between December 2007 and May 2014 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 June 2008 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 FALCON GROVE?

1 FALCON GROVE is 82m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 1 FALCON GROVE lies on this distribution: 16% of detached houses are smaller than 1 FALCON GROVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 FALCON GROVE: Plot and Title Map

1 FALCON GROVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 1 FALCON GROVE, 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 1 FALCON GROVE). 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 1 FALCON GROVE?

1 FALCON GROVE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 1 on FALCON GROVE.