42 Waterworks Street, Gainsborough, DN21 1LA is a freehold terraced property built between 1900-1929. The property offers approximately 732 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 £36,452 , which equates to approximately £50 per square foot. It was last sold on 9 Aug 2022 for £37,000. Since then, the value has decreased by £548, representing a 1.5% decrease, or approximately 0.4% per year.

The current estimated value of £36,452 is:

  • 37.4% lower than the average property price on Waterworks Street
  • 35.5% lower than the average in the DN21 1LA postcode area
  • and 75.1% lower than the average price for Gainsborough as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 20 March 2024, the property was recorded as rented.

View sold house prices in DN21 1LA

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£36,452
Price Per sq ft (estimate)
£50
Bedroom Count (estimate)
2 bedrooms

EPC Summary

42 Waterworks Street, Gainsborough, West Lindsey, Lincolnshire, DN21 1LA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Mar 2024.

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 23 Apr 2022, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 138.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from no system present: electric immersion assumed to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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 1LA

54 th / 54
Price Rank
35% lower than average
24 th / 52
Size Rank
3% bigger than average
50 th / 52
Price Per Sq FT Rank
37% lower than average

Compared to other properties in DN21 1LA , this house's estimated value ranks 54th out of 54. Based on price per square foot, it ranks 50th out of 52 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 24th out of 52 properties in its postcode area.

Sale History

Today
£36,452
streetscan.co.uk estimate
-1 %
9 Aug 2022
£37,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 743 sq ft
sale price: £61,000
sale date: 12 Aug 2024
rooms: 4
size: 807 sq ft
sale price: £60,000
sale date: 20 May 2024
rooms: 5
size: 700 sq ft
sale price: £68,000
sale date: 27 Mar 2024
rooms: 3
size: 678 sq ft
sale price: £36,000
sale date: 13 Oct 2022
rooms: 4
size: 710 sq ft
sale price: £75,000
sale date: 29 Apr 2022

Data Sources

The property at 42 Waterworks Street, Gainsborough, West Lindsey, Lincolnshire, DN21 1LA appears once in the Land Registry records, with the transaction recorded on 9 Aug 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2024. 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.


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