2, The Grove
2, The Grove
Description & Estimates
2, The Grove, Gainsborough is recorded publicly as a mid-century freehold house across 1,291 ft2 of internal area, sitting on a 596 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, The Grove, Gainsborough is £241,252 and its rental estimate is £986 per month, given the available information and assuming reasonable condition.
The Grove, Lea, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
2, The Grove, Gainsborough has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated September 2015.
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 2, The Grove, Gainsborough, we estimate a market value of £253,314 and a rental value of £1,035 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,364 and £917 per month respectively.
Recent Market Change
Over the last year, 2, The Grove, Gainsborough has seen its estimated sale value move down by £3,960 (1.6%) and its estimated rental value increase by £35 per month (3.5%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 2, The Grove, Gainsborough as measuring 596 m2.
That makes it the 4th largest plot in the postcode, where 21 of the 25 other houses have recorded plot data.
Energy Efficiency
2, The Grove, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2015.
The property is 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 2, The Grove, Gainsborough completed on 21st April 2017 at £173,400 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 21.2% over the period since April 2017.
- Sold Apr 2017£173,400
- Sold Apr 2014£160,000
- Sold Aug 1996£44,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, The Grove, Gainsborough have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th May 2021, was 12, Trehampton Drive, Gainsborough, DN21 5EL, a freehold house which sold for £210,000.
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 25 addresses on The Grove, Lea, Gainsborough, DN21, 2, The Grove, Gainsborough comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the DN21 district.
More reading links
Schools Nearby
- 100mFrances Olive Anderson Church of England (Aided) Primary School
- 2.5kmSt George's Church of England Community Primary School, Gainsborough
- 2.7kmBenjamin Adlard Primary School
- 4.5kmThe Gainsborough Academy
- 5.2kmThe Queen Elizabeth's High School, Gainsborough
- 14.1kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 2, The Grove, Gainsborough, the nearest station is Gainsborough Lea Road, 2.4 kilometres away.
- 2.4kmGainsborough Lea Road
- 3.8kmGainsborough Central
- 12.5kmSaxilby
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.
