5, The Elms
5, The Elms
Description & Estimates
Public records show 5, The Elms, Gainsborough to be a modern freehold house with 462 ft2 of internal area, sitting on a 95.8 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
5, The Elms, Gainsborough has an estimated sale value of £76,261 and an estimated rental value of £471 per month, assuming reasonable condition and based on the information available.
The Elms, Scotter, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
5, The Elms, Gainsborough has 3 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated May 2019.
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
In very good condition, we estimate 5, The Elms, Gainsborough would be worth £80,075, with a potential rental value of £494 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,923, with a rental value of £438 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, The Elms, Gainsborough has moved down by £276 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £25 (5.3%). The property's estimated gross yield is currently 7.4%.
Plot Size
5, The Elms, Gainsborough occupies a 96 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
5, The Elms, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
5, The Elms, Gainsborough last changed hands on 21st January 2015, selling for £45,000. 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 38.7% since January 2015.
- Sold Jan 2015£45,000
- Sold Apr 2013£51,500
- Sold Apr 2010£38,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 3.6 kilometres of 5, The Elms, Gainsborough across the last 2 years.
Most recently, 6, The Elms, Gainsborough, DN21 3TP, a freehold house, sold at £40,500 on the 28th August 2013.
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 5, The Elms, Gainsborough as the 2nd largest and the 2nd most expensive of the 6 addresses on The Elms, Scotter, Gainsborough, DN21.
Against the DN21 postcode district average, it is £111k less expensive than the typical property.
More reading links
Schools Nearby
- 100mScotter Primary School
- 3.8kmMessingham Primary School
- 5.4kmKirton Lindsey Primary Academy
- 5.8kmKirton Academy
- 7.3kmFrederick Gough School
- 8.3kmSt Bede's Catholic Voluntary Academy
More reading links
Public Transport Nearby
Kirton Lindsey station is the nearest stop to 5, The Elms, Gainsborough at 4.8 kilometres away.
- 4.8kmKirton Lindsey
- 10.1kmScunthorpe
- 10.9kmAlthorpe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
