18, Nicholas Way
18, Nicholas Way
Description & Estimates
Public records show 18, Nicholas Way, Gainsborough to be a modern freehold house with 2,217 ft2 of internal area, sitting on a 622 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
18, Nicholas Way, Gainsborough has an estimated sale value of £434,381 and an estimated rental value of £1,503 per month, assuming reasonable condition and based on the information available.
Nicholas Way, Corringham, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
18, Nicholas Way, Gainsborough has 31 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated May 2013.
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
In very good condition, we estimate 18, Nicholas Way, Gainsborough would be worth £456,100, with a potential rental value of £1,579 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £403,974, with a rental value of £1,398 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Nicholas Way, Gainsborough has fallen by £9,044 (2.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £47 (3.1%). The property's estimated gross yield is currently 4.2%.
Plot Size
18, Nicholas Way, Gainsborough occupies a 622 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
18, Nicholas Way, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2013.
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
18, Nicholas Way, Gainsborough last changed hands on 29th April 2022, selling for £418,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 0.9% since April 2022.
- Sold Apr 2022£418,000
- Sold Mar 2016£310,000
- Sold Nov 2004£299,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.8 kilometres of 18, Nicholas Way, Gainsborough across the last 2 years.
Most recently, 16, Nicholas Way, Gainsborough, DN21 5QE, a freehold house, sold at £435,000 on the 13th July 2022.
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
Our analysis of the public data ranks 18, Nicholas Way, Gainsborough as the 3rd largest and the 6th most expensive of the 15 addresses on Nicholas Way, Corringham, Gainsborough, DN21.
Against the DN21 postcode district average, it is £247k more expensive than the typical property.
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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
Gainsborough Central station is the nearest stop to 18, Nicholas Way, Gainsborough at 5.6 kilometres away.
- 5.6kmGainsborough Central
- 6.2kmGainsborough Lea Road
- 10.0kmKirton Lindsey
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
