40, LIME TREE AVENUE, GAINSBOROUGH, DN21 1HG - £83,000

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.

40 LIME TREE AVENUE is a very small terraced house of 77m², built sometime between 1900 and 1929, which could now be worth an estimated £104,544. It was last sold for £83,000 in December 2018, which was around 24% below the average December 2018 terraced price in the West Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

40 LIME TREE AVENUE Sold Prices

Land registry data shows three sales for 40 LIME TREE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. All of the three 40 LIME TREE AVENUE 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
2018 4 DEC	£83,000	£108,505	24% below HPI
2005 31 JAN	£70,000	£87,709	20% below HPI
2002 24 JUN	£20,480	£45,517	55% below HPI

40 LIME TREE AVENUE 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 three 40 LIME TREE AVENUE sales between June 2002 and December 2018 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 40 LIME TREE AVENUE be worth now?

40 LIME TREE AVENUE might now be worth an estimated £104,544.

This is based on house price inflation of 26%, between December 2018 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 26% inflationary increase is applied to the most recent sale price for 40 LIME TREE AVENUE of £83,000 on 4th December 2018. For the value to have increased from £83,000 to £104,544 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 40 LIME TREE AVENUE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The December 2018 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LIME TREE AVENUE has not materially changed since December 2018.

How Large is 40 LIME TREE AVENUE?

40 LIME TREE AVENUE is 77m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 40 LIME TREE AVENUE lies on this distribution: 12% of terraced houses houses are smaller than 40 LIME TREE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 LIME TREE AVENUE: Plot and Title Map

40 LIME TREE AVENUE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 40 LIME TREE AVENUE, 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 40 LIME TREE AVENUE). 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 40 LIME TREE AVENUE?

40 LIME TREE AVENUE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 40 on LIME TREE AVENUE.