40, OLD SHOWFIELDS, GAINSBOROUGH, DN21 2QE - £195,000

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 OLD SHOWFIELDS is a very large detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £300,627. It was last sold for £195,000 in May 2006, which was around 10% above the average May 2006 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

40 OLD SHOWFIELDS Sold Prices

Land registry data shows two sales for 40 OLD SHOWFIELDS 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 40 OLD SHOWFIELDS 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
2006 5 MAY	£195,000	£177,966	10% above HPI
1995 8 DEC	£61,987	£60,058	3% above HPI

40 OLD SHOWFIELDS 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 40 OLD SHOWFIELDS sales from December 1995 and May 2006 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 December 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2006 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 40 OLD SHOWFIELDS be worth now?

40 OLD SHOWFIELDS might now be worth an estimated £300,627.

This is based on house price inflation of 54.2%, between May 2006 and June 2025, 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 54.2% inflationary increase is applied to the most recent sale price for 40 OLD SHOWFIELDS of £195,000 on 5th May 2006. For the value to have increased from £195,000 to £300,627 over the eighteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 40 OLD SHOWFIELDS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2006 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OLD SHOWFIELDS has not materially changed since May 2006.

How Large is 40 OLD SHOWFIELDS?

40 OLD SHOWFIELDS is 132m² according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 40 OLD SHOWFIELDS lies on this distribution: 82% of detached houses houses are smaller than 40 OLD SHOWFIELDS, and 17% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 OLD SHOWFIELDS: Plot and Title Map

40 OLD SHOWFIELDS sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 40 OLD SHOWFIELDS, 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 OLD SHOWFIELDS). 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 OLD SHOWFIELDS?

40 OLD SHOWFIELDS is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 40 on OLD SHOWFIELDS.