3, EDWARD ROAD, GAINSBOROUGH, DN21 2QP - £83,000

3 EDWARD ROAD is a midsized extended semi-detached house of 104m², built sometime between 1900 and 1929. It was last sold for £83,000 in December 2012, which was around 52% below the average December 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 EDWARD ROAD Sold Prices

Land registry data shows five sales for 3 EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 3 EDWARD ROAD 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
2012 21 DEC	£83,000	£173,075	52% below HPI
2005 3 JUN	£94,000	£174,136	46% below HPI
2001 30 AUG	£44,000	£83,390	47% below HPI
1997 18 MAR	£38,500	£62,590	38% below HPI
1996 2 DEC	£39,950	£64,025	38% below HPI

3 EDWARD ROAD 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 five 3 EDWARD ROAD sales between December 1996 and December 2012 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2012 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 3 EDWARD ROAD?

3 EDWARD ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in November 2011. 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 3 EDWARD ROAD lies on this distribution: 53% of detached houses are smaller than 3 EDWARD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 EDWARD ROAD: Plot and Title Map

3 EDWARD ROAD sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 3 EDWARD 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 3 EDWARD 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 3 EDWARD ROAD?

3 EDWARD ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 3 on EDWARD ROAD.