5, Rectory Lea
5, Rectory Lea
Description & Estimates
According to the public record, 5, Rectory Lea, Gainsborough is a modern freehold house with 2,098 ft2 of internal area and sits on a 893 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Rectory Lea, Gainsborough is £514,450 and the estimated rental value is £1,781 per month.
Rectory Lea, Fillingham, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
5, Rectory Lea, Gainsborough has 31 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Rectory Lea, Gainsborough is in very good condition we estimate a sale value of £540,172 and a rental value of £1,870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,438 and a rental value of £1,656 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Rectory Lea, Gainsborough has moved down by £10,711 (2.1%), while its estimated rental value has increased by £55 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 5, Rectory Lea, Gainsborough sits on a plot of 893 m2.
We have plot size data on 15 out of 15 other houses in the postcode and 5, Rectory Lea, Gainsborough sits on the 2nd largest plot.
Energy Efficiency
5, Rectory Lea, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Rectory Lea, Gainsborough was last sold on 22nd September 2023 for £662,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2023, the market for similar properties has dropped by 18.1%.
- Sold Sep 2023£662,000
- Sold Feb 2011£305,000
- Sold May 2004£295,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Rectory Lea, Gainsborough within a radius of 6.5 kilometres over the last 2 years.
The most recent example is Church Farm, High Street, Gainsborough, DN21 5BS, a freehold house which sold for £500,000 on the 15th October 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
Rectory Lea, Fillingham, Gainsborough, DN21 has a total of 17 addresses. According to our analysis of all the public data, 5, Rectory Lea, Gainsborough is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £327k more expensive than the average property in DN21.
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Schools Nearby
- 2.3kmIngham Primary School
- 4.3kmHemswell Cliff Primary School
- 5.8kmNormanby Primary School
- 9.2kmWilliam Farr CofE Comprehensive School
- 12.9kmLincoln Castle Academy
- 13.0kmThe Gainsborough Academy
More reading links
Public Transport Nearby
The closest station to 5, Rectory Lea, Gainsborough is Saxilby station, which is 11.8 kilometres away.
- 11.8kmSaxilby
- 12.9kmGainsborough Lea Road
- 13.4kmGainsborough Central
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
