48, SPITAL HILL, GAINSBOROUGH, DN21 1EG - £153,500

48 SPITAL HILL is a very small extended detached house of 81m², built sometime before 1900. It was last sold for £153,500 in April 2014, which was around 16% below the average April 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

48 SPITAL HILL Sold Prices

Land registry data shows three sales for 48 SPITAL HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 48 SPITAL HILL 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
2014 25 APR	£153,500	£183,519	16% below HPI
2007 16 JUL	£166,500	£190,724	13% below HPI
2001 20 JUL	£67,500	£84,676	20% below HPI

48 SPITAL HILL 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 three 48 SPITAL HILL sales between July 2001 and April 2014 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 July 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 SPITAL HILL?

48 SPITAL HILL is 81m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 48 SPITAL HILL lies on this distribution: 15% of detached houses are smaller than 48 SPITAL HILL, and 84% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

48 SPITAL HILL: Plot and Title Map

48 SPITAL HILL sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 48 SPITAL HILL, 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 48 SPITAL HILL). 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 48 SPITAL HILL?

48 SPITAL HILL is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 48 on SPITAL HILL.