2, The Paddock
2, The Paddock
Description & Estimates
2, The Paddock, Gainsborough is recorded publicly as a modern freehold house across 1,453 ft2 of internal area, sitting on a 614 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, The Paddock, Gainsborough is £286,320 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
The Paddock, Marton, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
2, The Paddock, Gainsborough has a single entry in the Land Registry from August 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 1 out of 5 and is considered of low 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 Paddock, Gainsborough, we estimate a market value of £300,636 and a rental value of £1,060 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,278 and £939 per month respectively.
Recent Market Change
Over the last year, 2, The Paddock, Gainsborough has seen its estimated sale value fall by £4,700 (1.6%) and its estimated rental value move up by £36 per month (3.5%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 2, The Paddock, Gainsborough as measuring 614 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 3 other houses have recorded plot data.
Energy Efficiency
2, The Paddock, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, The Paddock, Gainsborough completed on 1st August 2013 at £190,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 38.2% over the period since August 2013.
- Sold Aug 2013£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, The Paddock, Gainsborough have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 8, Spafford Close, Gainsborough, DN21 5AS, a freehold house which sold for £326,000.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 3 addresses on The Paddock, Marton, Gainsborough, DN21, 2, The Paddock, Gainsborough comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £99k more expensive than the average property across the DN21 district.
More reading links
Schools Nearby
- 200mThe Marton Academy
- 4.7kmFrances Olive Anderson Church of England (Aided) Primary School
- 5.0kmSturton by Stow Primary School
- 9.1kmThe Gainsborough Academy
- 9.7kmThe Queen Elizabeth's High School, Gainsborough
- 14.1kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 2, The Paddock, Gainsborough, the nearest station is Gainsborough Lea Road, 6.8 kilometres away.
- 6.8kmGainsborough Lea Road
- 8.3kmGainsborough Central
- 8.4kmSaxilby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
