17, LAUREL CLOSE, GAINSBOROUGH, DN21 1FE - £118,000

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.

17 LAUREL CLOSE is a very small extended terraced house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £111,652. It was last sold for £118,000 in October 2023, which was around 18% below the average October 2023 terraced price in the West Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

17 LAUREL CLOSE Sold Prices

Land registry data shows five sales for 17 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the five 17 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
2023 13 OCT	£118,000	£144,439	18% below HPI
2016 9 NOV	£80,000	£101,631	21% below HPI
2005 1 JUL	£81,500	£93,330	13% below HPI
2003 4 JUL	£51,500	£64,835	21% below HPI
2002 31 MAY	£37,000	£44,672	17% below HPI

17 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 five 17 LAUREL CLOSE sales between May 2002 and October 2023 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 17 LAUREL CLOSE be worth now?

17 LAUREL CLOSE might now be worth an estimated £111,652.

This is based on house price deflation of 5.4%, between October 2023 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 5.4% deflationary decrease is applied to the most recent sale price for 17 LAUREL CLOSE of £118,000 on 13th October 2023. For the value to have decreased from £118,000 to £111,652 over the two years and four months to June 2025, the following assumptions must hold true:

• The value of 17 LAUREL CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The October 2023 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LAUREL CLOSE has not materially changed since October 2023.

How Large is 17 LAUREL CLOSE?

17 LAUREL CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in August 2015. 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 17 LAUREL CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 17 LAUREL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

17 LAUREL CLOSE: Plot and Title Map

17 LAUREL CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 17 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 17 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 17 LAUREL CLOSE?

17 LAUREL CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 17 on LAUREL CLOSE.