51 Park Springs Road, Gainsborough, DN21 1NY is a leasehold flat built between 1991-1995. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £66,444 , which equates to approximately £103 per square foot. It was last sold on 12 Dec 2008 for £54,624. Since then, the value has increased by £11,820, representing a 21.6% increase, or approximately 1.3% per year.

The current estimated value of £66,444 is:

  • 32.9% lower than the average property price on Park Springs Road
  • 30.0% lower than the average in the DN21 1NY postcode area
  • and 54.6% lower than the average price for Gainsborough as a whole

View sold house prices in DN21 1NY

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£66,444
Price Per sq ft (estimate)
£103
Bedroom Count (estimate)
2 bedrooms

EPC Summary

51 Park Springs Road, Gainsborough, West Lindsey, Lincolnshire, DN21 1NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Dec 2018.

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 3 Dec 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to boiler and radiators, mains gas, improving energy efficiency from n/a to good.
  • The hot water system was changed from sap05:hot-water to from main system, with its energy efficiency improving from n/a to good.
  • The roof construction or insulation changed from sap05:roof to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from sap05:walls to cavity wall, as built, insulated (assumed), improving energy efficiency from n/a to good.
  • The windows were upgraded from sap05:windows to fully double glazed.
  • The lighting was updated from sap05:lighting to low energy lighting in 57% of fixed outlets, with efficiency improving from n/a to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to DN21 1NY

8 th / 17
Price Rank
30% lower than average
11 th / 16
Size Rank
12% smaller than average
12 th / 16
Price Per Sq FT Rank
20% lower than average

Compared to other properties in DN21 1NY , this flat's estimated value ranks 8th out of 17. Based on price per square foot, it ranks 12th out of 16 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 11th out of 16 properties in its postcode area.

Sale History

Today
£66,444
streetscan.co.uk estimate
+22 %
12 Dec 2008
£54,624
Leasehold

Area Insights

Similar Properties Sold Nearby

61 Park Springs Road, Gainsborough, DN21 1NY
rooms: 3
size: 641 sq ft
sale price: £54,624
sale date: 19 Dec 2008
53 Park Springs Road, Gainsborough, DN21 1NY
rooms: 3
size: 678 sq ft
sale price: £54,624
sale date: 12 Dec 2008
59 Park Springs Road, Gainsborough, DN21 1NY
rooms: 3
size: 603 sq ft
sale price: £54,624
sale date: 12 Dec 2008
63 Park Springs Road, Gainsborough, DN21 1NY
rooms: 3
size: 581 sq ft
sale price: £54,624
sale date: 12 Dec 2008
55 Park Springs Road, Gainsborough, DN21 1NY
rooms: 3
size: 603 sq ft
sale price: £54,624
sale date: 12 Dec 2008

Data Sources

The property at 51 Park Springs Road, Gainsborough, West Lindsey, Lincolnshire, DN21 1NY appears once in the Land Registry records, with the transaction recorded on 12 Dec 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Dec 2018. 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.
↑