23, SPITAL TERRACE, GAINSBOROUGH, DN21 2HD - £145,000

23 SPITAL TERRACE is a large extended detached house of 128m², built sometime between 1900 and 1929. It was last sold for £145,000 in October 2020, which was around 38% below the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

23 SPITAL TERRACE Sold Prices

Land registry data shows three sales for 23 SPITAL TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 23 SPITAL TERRACE 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 30 OCT	£145,000	£233,330	38% below HPI
2010 5 NOV	£137,000	£193,281	29% below HPI
2003 10 OCT	£85,000	£147,461	42% below HPI

23 SPITAL TERRACE 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 three 23 SPITAL TERRACE sales between October 2003 and October 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 November 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 23 SPITAL TERRACE?

23 SPITAL TERRACE is 128m², which includes three extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 23 SPITAL TERRACE lies on this distribution: 79% of detached houses are smaller than 23 SPITAL TERRACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

23 SPITAL TERRACE: Plot and Title Map

23 SPITAL TERRACE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 23 SPITAL TERRACE, 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 23 SPITAL TERRACE). 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 23 SPITAL TERRACE?

23 SPITAL TERRACE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 23 on SPITAL TERRACE.