278, Lea Road
278, Lea Road
Description & Estimates
278, Lea Road, Gainsborough is recorded publicly as a mid-century freehold house across 1,571 ft2 of internal area, sitting on a 724 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 278, Lea Road, Gainsborough is £270,666 and its rental estimate is £1,035 per month, given the available information and assuming reasonable condition.
Lea Road, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
278, Lea Road, Gainsborough has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated April 2024.
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 278, Lea Road, Gainsborough, we estimate a market value of £284,199 and a rental value of £1,087 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,719 and £963 per month respectively.
Recent Market Change
Over the last year, 278, Lea Road, Gainsborough has seen its estimated sale value decrease by £4,443 (1.6%) and its estimated rental value grow by £37 per month (3.5%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 278, Lea Road, Gainsborough as measuring 724 m2.
That makes it the 5th largest plot in the postcode, where 23 of the 39 other houses have recorded plot data.
Energy Efficiency
278, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2024.
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 278, Lea Road, Gainsborough completed on 7th July 2017 at £216,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 62.9% over the period since July 2017.
- Sold Jul 2017£216,500
- Sold Feb 2001£60,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 278, Lea Road, Gainsborough have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2025, was 12, Cromwell Avenue, Gainsborough, DN21 5HX, a freehold house which sold for £330,000.
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 267 addresses on Lea Road, Gainsborough, DN21, 278, Lea Road, Gainsborough comes out as the 35th largest and the 10th most expensive in our analysis of the public data.
It is also £84k more expensive than the average property across the DN21 district.
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Schools Nearby
- 900mBenjamin Adlard Primary School
- 1.3kmSt George's Church of England Community Primary School, Gainsborough
- 1.7kmFrances Olive Anderson Church of England (Aided) Primary School
- 3.2kmThe Gainsborough Academy
- 3.5kmThe Queen Elizabeth's High School, Gainsborough
- 13.5kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 278, Lea Road, Gainsborough, the nearest station is Gainsborough Lea Road, 600 metres away.
- 600mGainsborough Lea Road
- 2.1kmGainsborough Central
- 14.1kmRetford
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.
