4, LAUREL CLOSE, GAINSBOROUGH, DN21 1FE - £130,000

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.

4 LAUREL CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £123,389. It was last sold for £130,000 in September 2024, which was around 10% below the average September 2024 terraced price in the West Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 LAUREL CLOSE Sold Prices

Land registry data shows six sales for 4 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the six 4 LAUREL CLOSE 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
2024 2 SEP	£130,000	£143,991	10% below HPI
2019 15 AUG	£90,000	£110,185	18% below HPI
2016 31 MAR	£90,000	£98,225	8% below HPI
2007 28 JUN	£92,500	£100,017	8% below HPI
2005 22 APR	£82,500	£85,412	3% below HPI
1998 31 JUL	£32,000	£32,420	1% below HPI

4 LAUREL CLOSE 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 six 4 LAUREL CLOSE sales between July 1998 and September 2024 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 August 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 LAUREL CLOSE be worth now?

4 LAUREL CLOSE might now be worth an estimated £123,389.

This is based on house price deflation of 5.1%, between September 2024 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 5.1% deflationary decrease is applied to the most recent sale price for 4 LAUREL CLOSE of £130,000 on 2nd September 2024. For the value to have decreased from £130,000 to £123,389 over the one year and three months to June 2025, the following assumptions must hold true:

• The value of 4 LAUREL CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The September 2024 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL CLOSE has not materially changed since September 2024.

How Large is 4 LAUREL CLOSE?

4 LAUREL CLOSE is 57m² according to the EPC inspection conducted in March 2016. 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 4 LAUREL CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 4 LAUREL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

4 LAUREL CLOSE: Plot and Title Map

4 LAUREL CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 4 LAUREL CLOSE, 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 4 LAUREL CLOSE). 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 4 LAUREL CLOSE?

4 LAUREL CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 4 on LAUREL CLOSE.