10, Nicholas Way
10, Nicholas Way
Description & Estimates
10, Nicholas Way, Gainsborough is recorded publicly as a modern freehold house across 2,357 ft2 of internal area, sitting on a 692 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 10, Nicholas Way, Gainsborough is £448,714 and its rental estimate is £1,553 per month, given the available information and assuming reasonable condition.
Nicholas Way, Corringham, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
10, Nicholas Way, Gainsborough has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 10, Nicholas Way, Gainsborough, we estimate a market value of £471,149 and a rental value of £1,631 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £417,304 and £1,444 per month respectively.
Recent Market Change
Over the last year, 10, Nicholas Way, Gainsborough has seen its estimated sale value fall by £9,342 (2.1%) and its estimated rental value move up by £48 per month (3.1%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 10, Nicholas Way, Gainsborough as measuring 692 m2.
That makes it the 6th largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
10, Nicholas Way, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 10, Nicholas Way, Gainsborough completed on 8th February 2013 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 45.3% over the period since February 2013.
- Sold Feb 2013£305,000
- Sold Feb 2005£330,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Nicholas Way, Gainsborough have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2024, was Havenhouse, Middle Street, Gainsborough, DN21 5QR, a freehold house which sold for £395,000.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 15 addresses on Nicholas Way, Corringham, Gainsborough, DN21, 10, Nicholas Way, Gainsborough comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £262k more expensive than the average property across the DN21 district.
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Schools Nearby
- 100mCorringham CofE VC Primary School
- 3.8kmBlyton Cum Laughton Church of England School
- 4.8kmThe Gainsborough Charles Baines Community Primary School
- 4.5kmThe Gainsborough Academy
- 5.9kmThe Queen Elizabeth's High School, Gainsborough
- 10.0kmKirton Academy
More reading links
Public Transport Nearby
From 10, Nicholas Way, Gainsborough, the nearest station is Gainsborough Central, 5.6 kilometres away.
- 5.6kmGainsborough Central
- 6.2kmGainsborough Lea Road
- 10.0kmKirton Lindsey
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
