47, LEA ROAD, GAINSBOROUGH, DN21 1LL - £60,000

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.

47 LEA ROAD is a very small extended semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £79,829. It was last sold for £60,000 in February 2019, which was around 57% below the average February 2019 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

47 LEA ROAD Sold Prices

Land registry data shows five sales for 47 LEA ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the five 47 LEA ROAD 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 19 FEB	£60,000	£140,505	57% below HPI
2011 13 SEP	£54,500	£114,555	52% below HPI
2002 10 JAN	£25,000	£55,611	55% below HPI
2000 15 DEC	£25,000	£47,428	47% below HPI
1996 31 JUL	£24,000	£37,186	35% below HPI

47 LEA ROAD 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 five 47 LEA ROAD sales between July 1996 and February 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 September 2011 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2019 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 47 LEA ROAD be worth now?

47 LEA ROAD might now be worth an estimated £79,829.

This is based on house price inflation of 33%, between February 2019 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 33% inflationary increase is applied to the most recent sale price for 47 LEA ROAD of £60,000 on 19th February 2019. For the value to have increased from £60,000 to £79,829 over the five years and seven months to July 2025, the following assumptions must hold true:

• The value of 47 LEA ROAD has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2019 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 47 LEA ROAD has not materially changed since February 2019.

How Large is 47 LEA ROAD?

47 LEA ROAD is 57m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 47 LEA ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 47 LEA ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

47 LEA ROAD: Plot and Title Map

47 LEA ROAD sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 47 LEA ROAD, 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 47 LEA ROAD). 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 47 LEA ROAD?

47 LEA ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 47 on LEA ROAD.