315, Lea Road
315, Lea Road
Description & Estimates
Public records show 315, Lea Road, Gainsborough to be a period freehold house with 1,582 ft2 of internal area, sitting on a 603 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
315, Lea Road, Gainsborough has an estimated sale value of £256,747 and an estimated rental value of £1,039 per month, assuming reasonable condition and based on the information available.
Lea Road, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
315, Lea Road, Gainsborough has 31 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated October 2014.
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 315, Lea Road, Gainsborough would be worth £269,584, with a potential rental value of £1,091 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £238,775, with a rental value of £966 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 315, Lea Road, Gainsborough has declined by £4,214 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (3.5%). The property's estimated gross yield is currently 4.9%.
Plot Size
315, Lea Road, Gainsborough occupies a 603 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
315, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
315, Lea Road, Gainsborough last changed hands on 31st January 2007, selling for £175,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 68.6% since January 2007.
- Sold Jan 2007£175,000
- Sold Aug 1998£59,000
- Sold Dec 1996£42,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 315, Lea Road, Gainsborough across the last 2 years.
Most recently, 321, Lea Road, Gainsborough, DN21 1AR, a freehold house, sold at £262,000 on the 12th September 2024.
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 315, Lea Road, Gainsborough as the 32nd largest and the 12th most expensive of the 267 addresses on Lea Road, Gainsborough, DN21.
Against the DN21 postcode district average, it is £70k more expensive than the typical property.
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Schools Nearby
- 1.1kmBenjamin Adlard Primary School
- 1.3kmSt George's Church of England Community Primary School, Gainsborough
- 1.6kmFrances Olive Anderson Church of England (Aided) Primary School
- 3.3kmThe Gainsborough Academy
- 3.6kmThe Queen Elizabeth's High School, Gainsborough
- 13.6kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 315, Lea Road, Gainsborough at 700 metres away.
- 700mGainsborough Lea Road
- 2.2kmGainsborough Central
- 14.2kmRetford
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.
