42, MAYFLOWER CLOSE, GAINSBOROUGH, DN21 1AX - £100,000

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.

42 MAYFLOWER CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £145,816. It was last sold for £100,000 in August 2016, which was around 22% below the average August 2016 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

42 MAYFLOWER CLOSE Sold Prices

Land registry data shows two sales for 42 MAYFLOWER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 42 MAYFLOWER 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
2016 12 AUG	£100,000	£128,203	22% below HPI
2014 16 DEC	£61,500	£116,824	47% below HPI

42 MAYFLOWER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 42 MAYFLOWER CLOSE sales from December 2014 and August 2016 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 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 42 MAYFLOWER CLOSE be worth now?

42 MAYFLOWER CLOSE might now be worth an estimated £145,816.

This is based on house price inflation of 45.8%, between August 2016 and July 2025, for semi-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 45.8% inflationary increase is applied to the most recent sale price for 42 MAYFLOWER CLOSE of £100,000 on 12th August 2016. For the value to have increased from £100,000 to £145,816 over the nine years and one month to July 2025, the following assumptions must hold true:

• The value of 42 MAYFLOWER CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The August 2016 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MAYFLOWER CLOSE has not materially changed since August 2016.

How Large is 42 MAYFLOWER CLOSE?

42 MAYFLOWER CLOSE is 76m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 42 MAYFLOWER CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 42 MAYFLOWER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

42 MAYFLOWER CLOSE: Plot and Title Map

42 MAYFLOWER CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 42 MAYFLOWER 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 42 MAYFLOWER 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 42 MAYFLOWER CLOSE?

42 MAYFLOWER CLOSE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 42 on MAYFLOWER CLOSE.