239, LEA ROAD, GAINSBOROUGH, DN21 1AN - £79,000

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.

239 LEA ROAD is a very small extended terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £88,188. It was last sold for £79,000 in July 2021, which was around 40% below the average July 2021 terraced price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

239 LEA ROAD Sold Prices

Land registry data shows five sales for 239 LEA ROAD 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. Most of the five 239 LEA ROAD 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
2021 15 JUL	£79,000	£131,511	40% below HPI
2014 14 NOV	£79,000	£93,995	16% below HPI
2004 9 DEC	£90,000	£86,770	4% above HPI
2000 11 AUG	£34,500	£33,441	3% above HPI
1995 5 JAN	£33,500	£30,692	9% above HPI

239 LEA ROAD 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 239 LEA ROAD sales between January 1995 and July 2021 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 239 LEA ROAD be worth now?

239 LEA ROAD might now be worth an estimated £88,188.

This is based on house price inflation of 11.6%, between July 2021 and July 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 11.6% inflationary increase is applied to the most recent sale price for 239 LEA ROAD of £79,000 on 15th July 2021. For the value to have increased from £79,000 to £88,188 over the four years to July 2025, the following assumptions must hold true:

• The value of 239 LEA ROAD has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The July 2021 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 239 LEA ROAD has not materially changed since July 2021.

How Large is 239 LEA ROAD?

239 LEA ROAD is 74m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 239 LEA ROAD lies on this distribution: 9% of terraced houses houses are smaller than 239 LEA ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

239 LEA ROAD: Plot and Title Map

239 LEA ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 239 LEA ROAD, 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 239 LEA ROAD). 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 239 LEA ROAD?

239 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 239 on LEA ROAD.