2, Wapping Lane
2, Wapping Lane
Description & Estimates
Public records show 2, Wapping Lane, Gainsborough to be a period freehold house with 1,011 ft2 of internal area, sitting on a 198 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Wapping Lane, Gainsborough has an estimated sale value of £137,254 and an estimated rental value of £791 per month, assuming reasonable condition and based on the information available.
Wapping Lane, Marton, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
2, Wapping Lane, Gainsborough has 21 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated October 2013.
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
In very good condition, we estimate 2, Wapping Lane, Gainsborough would be worth £144,116, with a potential rental value of £831 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £127,646, with a rental value of £736 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 2, Wapping Lane, Gainsborough has dropped by £1,112 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (4.4%). The property's estimated gross yield is currently 6.9%.
Plot Size
2, Wapping Lane, Gainsborough occupies a 198 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Wapping Lane, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
2, Wapping Lane, Gainsborough last changed hands on 27th May 2014, selling for £135,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 29.2% since May 2014.
- Sold May 2014£135,000
- Sold Feb 2004£87,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.0 kilometres of 2, Wapping Lane, Gainsborough across the last 2 years.
Most recently, 46, Stow Park Road, Gainsborough, DN21 5AG, a freehold house, sold at £125,000 on the 25th September 2023.
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 2, Wapping Lane, Gainsborough as the 5th largest and the 4th most expensive of the 7 addresses on Wapping Lane, Marton, Gainsborough, DN21.
Against the DN21 postcode district average, it is £50k less expensive than the typical property.
More reading links
Schools Nearby
- 200mThe Marton Academy
- 4.8kmFrances Olive Anderson Church of England (Aided) Primary School
- 4.9kmSturton by Stow Primary School
- 9.2kmThe Gainsborough Academy
- 9.8kmThe Queen Elizabeth's High School, Gainsborough
- 14.2kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 2, Wapping Lane, Gainsborough at 6.9 kilometres away.
- 6.9kmGainsborough Lea Road
- 8.3kmSaxilby
- 8.3kmGainsborough Central
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.
