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Company No. 11113204
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According to the public record, 2, Cade Lane, Gainsborough is a modern freehold house with 1,467 ft2 of internal area and sits on a 529 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cade Lane, Gainsborough is £299,233 and the estimated rental value is £1,008 per month.
Cade Lane, Upton, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
2, Cade Lane, Gainsborough has 61 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated November 2008.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Cade Lane, Gainsborough is in very good condition we estimate a sale value of £314,195 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,287 and a rental value of £938 per month.
Over the last 12 months the sale value of 2 Cade Lane Gainsborough has decreased by an estimated £4,912 (1.6%) and its rental value has increased by an estimated £36 per month (3.5%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 2, Cade Lane, Gainsborough sits on a plot of 529m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Cade Lane, Gainsborough sits on the 4th largest plot.
2, Cade Lane, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cade Lane, Gainsborough was last sold on 10th January 2019 for £230,100 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since January 2019, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cade Lane, Gainsborough within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 3, Dove Cote Close, Gainsborough, DN21 5NG, a freehold house which sold for £320,000 on the 8th April 2022.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cade Lane, Upton, Gainsborough, DN21 has a total of 5 addresses. According to our analysis of all the public data, 2, Cade Lane, Gainsborough is the largest and the most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in DN21.
The closest station to 2, Cade Lane, Gainsborough is Gainsborough Lea Road station which is 5.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cade Lane, Gainsborough, 54.9% of property is privately owned outright and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Cade Lane, Gainsborough, 11.7% of residents are recorded as possessing school level qualifications and 27.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Cade Lane, Gainsborough, the average age was 50.1 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Cade Lane, Gainsborough, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Cade Lane, Gainsborough, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
