15, FALCON GROVE, GAINSBOROUGH, DN21 1GQ - £128,000

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.

15 FALCON GROVE is a very small terraced house of 78m², built sometime from 2007 onwards, which could now be worth an estimated £183,809. It was last sold for £128,000 in April 2015, which was around 34% above the average April 2015 terraced price in the West Lindsey local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

15 FALCON GROVE Sold Prices

Land registry data shows two sales for 15 FALCON GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 15 FALCON GROVE sales were for above 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
2015 28 APR	£128,000	£95,173	34% above HPI
2007 30 NOV	£139,995	£108,757	29% above HPI

15 FALCON GROVE 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 two 15 FALCON GROVE sales from November 2007 and April 2015 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 15 FALCON GROVE be worth now?

15 FALCON GROVE might now be worth an estimated £183,809.

This is based on house price inflation of 43.6%, between April 2015 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 43.6% inflationary increase is applied to the most recent sale price for 15 FALCON GROVE of £128,000 on 28th April 2015. For the value to have increased from £128,000 to £183,809 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 15 FALCON GROVE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The April 2015 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FALCON GROVE has not materially changed since April 2015.

How Large is 15 FALCON GROVE?

15 FALCON GROVE is 78m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% 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 15 FALCON GROVE lies on this distribution: 13% of terraced houses houses are smaller than 15 FALCON GROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

15 FALCON GROVE: Plot and Title Map

15 FALCON GROVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 15 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 15 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 15 FALCON GROVE?

15 FALCON GROVE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 15 on FALCON GROVE.