4, PADMOOR LANE, UPTON, GAINSBOROUGH, DN21 5NH - £190,000

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 PADMOOR LANE is a large extended detached house of 144m², built sometime between 1900 and 1929, which could now be worth an estimated £249,257. It was last sold for £190,000 in June 2019, which was around 13% below the average June 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

4 PADMOOR LANE Sold Prices

Land registry data shows two sales for 4 PADMOOR LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 4 PADMOOR LANE 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
2019 7 JUN	£190,000	£217,598	13% below HPI
1995 27 JAN	£55,000	£64,827	15% below HPI

4 PADMOOR LANE 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 two 4 PADMOOR LANE sales from January 1995 and June 2019 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 January 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 PADMOOR LANE be worth now?

4 PADMOOR LANE might now be worth an estimated £249,257.

This is based on house price inflation of 31.2%, between June 2019 and May 2026, for detached 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 31.2% inflationary increase is applied to the most recent sale price for 4 PADMOOR LANE of £190,000 on 7th June 2019. For the value to have increased from £190,000 to £249,257 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 4 PADMOOR LANE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The June 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PADMOOR LANE has not materially changed since June 2019.

How Large is 4 PADMOOR LANE?

4 PADMOOR LANE is 144m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses houses in Upton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upton, and where 4 PADMOOR LANE lies on this distribution: 70% of detached houses houses are smaller than 4 PADMOOR LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Upton.

4 PADMOOR LANE: Plot and Title Map

4 PADMOOR LANE sits on a plot of roughly 0.485 of an acre, or 1,962m². The below map shows the location of 4 PADMOOR LANE, 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 PADMOOR LANE). 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 PADMOOR LANE?

4 PADMOOR LANE is located in UPTON, in the DN21 postcode district. The below map shows the position of No. 4 on PADMOOR LANE.