4, The Grove
4, The Grove
Description & Estimates
Public records show 4, The Grove, Gainsborough to be a mid-century freehold house with 1,344 ft2 of internal area, sitting on a 631 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, The Grove, Gainsborough has an estimated sale value of £228,891 and an estimated rental value of £987 per month, assuming reasonable condition and based on the information available.
The Grove, Lea, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
4, The Grove, Gainsborough has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 4, The Grove, Gainsborough would be worth £240,336, with a potential rental value of £1,037 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £212,869, with a rental value of £918 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 4, The Grove, Gainsborough has declined by £3,757 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (3.5%). The property's estimated gross yield is currently 5.2%.
Plot Size
4, The Grove, Gainsborough occupies a 631 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
4, The Grove, Gainsborough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, The Grove, Gainsborough last changed hands on 11th March 2016, selling for £150,000. 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 26.0% since March 2016.
- Sold Mar 2016£150,000
- Sold Aug 2014£123,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.5 kilometres of 4, The Grove, Gainsborough across the last 2 years.
Most recently, 1, The Crescent, Gainsborough, DN21 5HP, a freehold house, sold at £187,000 on the 4th August 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 4, The Grove, Gainsborough as the largest and the 3rd most expensive of the 25 addresses on The Grove, Lea, Gainsborough, DN21.
Against the DN21 postcode district average, it is £42k more expensive than the typical property.
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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
Gainsborough Lea Road station is the nearest stop to 4, The Grove, Gainsborough at 2.4 kilometres away.
- 2.4kmGainsborough Lea Road
- 3.8kmGainsborough Central
- 12.5kmSaxilby
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.
