28, BOB RAINSFORTH WAY, GAINSBOROUGH, DN21 1FT - £126,000

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.

28 BOB RAINSFORTH WAY is a very small terraced house of 69m², which could now be worth an estimated £143,538. It was last sold for £126,000 in January 2021, which was around 5% above the average January 2021 terraced price in the West Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

28 BOB RAINSFORTH WAY Sold Prices

Land registry data shows two sales for 28 BOB RAINSFORTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 28 BOB RAINSFORTH WAY 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 29 JAN	£126,000	£119,970	5% above HPI
2018 9 MAR	£134,995	£106,398	27% above HPI

28 BOB RAINSFORTH WAY 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 two 28 BOB RAINSFORTH WAY sales from March 2018 and January 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 March 2018 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 28 BOB RAINSFORTH WAY be worth now?

28 BOB RAINSFORTH WAY might now be worth an estimated £143,538.

This is based on house price inflation of 13.9%, between January 2021 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 13.9% inflationary increase is applied to the most recent sale price for 28 BOB RAINSFORTH WAY of £126,000 on 29th January 2021. For the value to have increased from £126,000 to £143,538 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 28 BOB RAINSFORTH WAY has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The January 2021 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BOB RAINSFORTH WAY has not materially changed since January 2021.

How Large is 28 BOB RAINSFORTH WAY?

28 BOB RAINSFORTH WAY is 69m² according to the EPC inspection conducted in February 2018. 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 28 BOB RAINSFORTH WAY lies on this distribution: 6% of terraced houses houses are smaller than 28 BOB RAINSFORTH WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

28 BOB RAINSFORTH WAY: Plot and Title Map

28 BOB RAINSFORTH WAY sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 28 BOB RAINSFORTH WAY, 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 28 BOB RAINSFORTH WAY). 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 28 BOB RAINSFORTH WAY?

28 BOB RAINSFORTH WAY is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 28 on BOB RAINSFORTH WAY.