1 Florence Terrace, Gainsborough, DN21 1BE is a freehold terraced property built between 1900-1929. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £46,585 , which equates to approximately £58 per square foot. It was last sold on 4 Sep 1998 for £10,700. Since then, the value has increased by £35,885, representing a 335.4% increase, or approximately 12.3% per year.

The current estimated value of £46,585 is:

  • 26.1% lower than the average property price on Florence Terrace
  • 27.8% lower than the average in the DN21 1BE postcode area
  • and 68.1% lower than the average price for Gainsborough as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 31 March 2023, the property was recorded as rented.

View sold house prices in DN21 1BE

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£46,585
Price Per sq ft (estimate)
£58
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1 Florence Terrace, Gainsborough, West Lindsey, Lincolnshire, DN21 1BE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 May 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 9.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 29% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DN21 1BE

12 th / 12
Price Rank
28% lower than average
5 th / 10
Size Rank
2% smaller than average
9 th / 10
Price Per Sq FT Rank
26% lower than average

Compared to other properties in DN21 1BE , this house's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 9th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 10 properties in its postcode area.

Sale History

Today
£46,585
streetscan.co.uk estimate
+335 %
4 Sep 1998
£10,700
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 764 sq ft
sale price: £60,000
sale date: 3 Nov 2022
rooms: 4
size: 915 sq ft
sale price: £73,000
sale date: 6 May 2022
rooms: 4
size: 775 sq ft
sale price: £48,000
sale date: 31 Aug 2021
rooms: 4
size: 786 sq ft
sale price: £59,000
sale date: 27 Aug 2021
rooms: 4
size: 764 sq ft
sale price: £39,999
sale date: 10 Oct 2018

Data Sources

The property at 1 Florence Terrace, Gainsborough, West Lindsey, Lincolnshire, DN21 1BE appears once in the Land Registry records, with the transaction recorded on 4 Sep 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.