5, Middlefield Lane
5, Middlefield Lane
Description & Estimates
The public record lists 5, Middlefield Lane, Gainsborough as a freehold house sitting on a 483 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,195 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
5, Middlefield Lane, Gainsborough has an estimated sale value of £191,193 and an estimated rental value of £903 per month, assuming reasonable condition and based on the information available.
Middlefield Lane, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
5, Middlefield Lane, Gainsborough has a single entry in the Land Registry from January 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Middlefield Lane, Gainsborough would be worth £200,752, with a potential rental value of £948 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £177,809, with a rental value of £839 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 5, Middlefield Lane, Gainsborough has fallen by £1,549 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £40 (4.4%). The property's estimated gross yield is currently 5.7%.
Plot Size
5, Middlefield Lane, Gainsborough occupies a 483 m2 plot as recorded by HM Land Registry.
All 14 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
5, Middlefield Lane, Gainsborough last changed hands on 30th January 2015, selling for £124,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 90.8% since January 2015.
- Sold Jan 2015£124,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 5, Middlefield Lane, Gainsborough across the last 2 years.
Most recently, 30, Claythorne Drive, Gainsborough, DN21 1TZ, a freehold house, sold at £207,000 on the 22nd November 2024.
Read more about house prices in DN21.
- Sold Nov 2024£207,000 | 3 Bed House30, Claythorne Drive, Gainsborough, DN21 1TZ30, Claythorne Drive, Gainsborough, DN21 1TZ
- Sold Sep 2024£185,000 | 4 Bed House21, Middlefield Lane, Gainsborough, DN21 1TY21, Middlefield Lane, Gainsborough, DN21 1TY
- Sold Nov 2022£140,000 | 3 Bed House9, Middlefield Lane, Gainsborough, DN21 1TY9, Middlefield Lane, Gainsborough, DN21 1TY
•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 5, Middlefield Lane, Gainsborough as the 13th largest and the 26th most expensive of the 73 addresses on Middlefield Lane, Gainsborough, DN21.
Against the DN21 postcode district average, it is £4k more expensive than the typical property.
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Schools Nearby
- 200mThe Gainsborough Hillcrest Early Years Academy
- 300mWhite's Wood Academy
- 400mThe Gainsborough Charles Baines Community Primary School
- 1.4kmThe Gainsborough Academy
- 1.9kmThe Queen Elizabeth's High School, Gainsborough
- 14.5kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Central station is the nearest stop to 5, Middlefield Lane, Gainsborough at 500 metres away.
- 500mGainsborough Central
- 1.3kmGainsborough Lea Road
- 14.8kmKirton Lindsey
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.
