11, LAUREL CLOSE, GAINSBOROUGH, DN21 1FE - £110,000

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.

11 LAUREL CLOSE is a very small terraced house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £115,652. It was last sold for £110,000 in November 2021, which was around 15% below the average November 2021 terraced price in the West Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

11 LAUREL CLOSE Sold Prices

Land registry data shows six sales for 11 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the six 11 LAUREL CLOSE 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
2021 25 NOV	£110,000	£129,990	15% below HPI
2020 11 SEP	£98,000	£115,275	15% below HPI
2016 5 AUG	£82,000	£101,538	19% below HPI
2005 29 APR	£82,000	£85,412	4% below HPI
2003 28 MAR	£53,500	£62,801	15% below HPI
2001 29 JAN	£34,500	£35,717	3% below HPI

11 LAUREL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The six 11 LAUREL CLOSE sales between January 2001 and November 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 September 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2021 sale, which was also at 15% below the HPI.

What might 11 LAUREL CLOSE be worth now?

11 LAUREL CLOSE might now be worth an estimated £115,652.

This is based on house price inflation of 5.1%, between November 2021 and June 2025, for terraced 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 5.1% inflationary increase is applied to the most recent sale price for 11 LAUREL CLOSE of £110,000 on 25th November 2021. For the value to have increased from £110,000 to £115,652 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 11 LAUREL CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The November 2021 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LAUREL CLOSE has not materially changed since November 2021.

How Large is 11 LAUREL CLOSE?

11 LAUREL CLOSE is 46m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gainsborough, and where 11 LAUREL CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 11 LAUREL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

11 LAUREL CLOSE: Plot and Title Map

11 LAUREL CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 11 LAUREL CLOSE, 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 11 LAUREL CLOSE). 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 11 LAUREL CLOSE?

11 LAUREL CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 11 on LAUREL CLOSE.