18, RIVERSIDE APPROACH, GAINSBOROUGH, DN21 2NR - £160,000

18 RIVERSIDE APPROACH is a midsized extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £160,000 in May 2020, which was around 29% below the average May 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

18 RIVERSIDE APPROACH Sold Prices

Land registry data shows two sales for 18 RIVERSIDE APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 18 RIVERSIDE APPROACH 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
2020 1 MAY	£160,000	£224,348	29% below HPI
2005 30 JUN	£143,925	£174,136	17% below HPI

18 RIVERSIDE APPROACH 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 two 18 RIVERSIDE APPROACH sales from June 2005 and May 2020 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 RIVERSIDE APPROACH?

18 RIVERSIDE APPROACH is 105m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 18 RIVERSIDE APPROACH lies on this distribution: 53% of detached houses are smaller than 18 RIVERSIDE APPROACH, and 45% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

18 RIVERSIDE APPROACH: Plot and Title Map

18 RIVERSIDE APPROACH sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 RIVERSIDE APPROACH, 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 18 RIVERSIDE APPROACH). 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 18 RIVERSIDE APPROACH?

18 RIVERSIDE APPROACH is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 18 on RIVERSIDE APPROACH.