8, EDWARD ROAD, GAINSBOROUGH, DN21 2QR - £125,000

8 EDWARD ROAD is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £125,000 in February 2022, which was around 55% below the average February 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 EDWARD ROAD Sold Prices

Land registry data shows three sales for 8 EDWARD 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 8 EDWARD 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
2022 4 FEB	£125,000	£275,413	55% below HPI
2008 18 JAN	£105,210	£198,231	47% below HPI
2007 30 MAY	£94,300	£184,311	49% below HPI

8 EDWARD 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 8 EDWARD ROAD sales between May 2007 and February 2022 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 January 2008 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2022 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 8 EDWARD ROAD?

8 EDWARD ROAD is 80m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 8 EDWARD ROAD lies on this distribution: 15% of detached houses are smaller than 8 EDWARD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

8 EDWARD ROAD: Plot and Title Map

8 EDWARD ROAD sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 8 EDWARD 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 8 EDWARD 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 8 EDWARD ROAD?

8 EDWARD ROAD is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 8 on EDWARD ROAD.