7, RAVENDALE ROAD, GAINSBOROUGH, DN21 1XD - £170,000

7 RAVENDALE ROAD is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £170,000 in June 2021, which was around 34% below the average June 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

7 RAVENDALE ROAD Sold Prices

Land registry data shows three sales for 7 RAVENDALE ROAD 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 7 RAVENDALE 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
2021 28 JUN	£170,000	£258,781	34% below HPI
2016 24 JUN	£140,000	£196,707	29% below HPI
2015 29 JUN	£110,000	£188,193	42% below HPI

7 RAVENDALE ROAD 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 7 RAVENDALE ROAD sales between June 2015 and June 2021 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 June 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 RAVENDALE ROAD?

7 RAVENDALE ROAD is 87m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 7 RAVENDALE ROAD lies on this distribution: 24% of detached houses are smaller than 7 RAVENDALE ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

7 RAVENDALE ROAD: Plot and Title Map

7 RAVENDALE ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 RAVENDALE 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 7 RAVENDALE 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 7 RAVENDALE ROAD?

7 RAVENDALE ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 7 on RAVENDALE ROAD.