15, THE ROWANS, GAINSBOROUGH, DN21 1WH - £123,500

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 THE ROWANS is a midsized terraced house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £157,547. It was last sold for £123,500 in November 2017, which was around 15% above the average November 2017 terraced price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

15 THE ROWANS Sold Prices

Land registry data shows three sales for 15 THE ROWANS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 15 THE ROWANS 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
2017 17 NOV	£123,500	£107,134	15% above HPI
2007 31 AUG	£129,000	£104,266	24% above HPI
2003 28 FEB	£87,950	£59,059	49% above HPI

15 THE ROWANS 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 three 15 THE ROWANS sales between February 2003 and November 2017 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 August 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 15 THE ROWANS be worth now?

15 THE ROWANS might now be worth an estimated £157,547.

This is based on house price inflation of 27.6%, between November 2017 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 27.6% inflationary increase is applied to the most recent sale price for 15 THE ROWANS of £123,500 on 17th November 2017. For the value to have increased from £123,500 to £157,547 over the eight years and five months to June 2025, the following assumptions must hold true:

• The value of 15 THE ROWANS has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The November 2017 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 15 THE ROWANS has not materially changed since November 2017.

How Large is 15 THE ROWANS?

15 THE ROWANS is 99m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% 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 THE ROWANS lies on this distribution: 42% of terraced houses houses are smaller than 15 THE ROWANS, and 56% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

15 THE ROWANS: Plot and Title Map

15 THE ROWANS sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 15 THE ROWANS, 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 THE ROWANS). 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 THE ROWANS?

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