8, Lodge Lane
8, Lodge Lane
Description & Estimates
Public records show 8, Lodge Lane, Gainsborough to be a modern freehold house with 1,227 ft2 of internal area, sitting on a 1,339 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Lodge Lane, Gainsborough has an estimated sale value of £332,017 and an estimated rental value of £1,194 per month, assuming reasonable condition and based on the information available.
Lodge Lane, Upton, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
8, Lodge Lane, Gainsborough has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated October 2018.
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 8, Lodge Lane, Gainsborough would be worth £348,618, with a potential rental value of £1,253 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £308,776, with a rental value of £1,110 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 8, Lodge Lane, Gainsborough has moved down by £5,450 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £42 (3.5%). The property's estimated gross yield is currently 4.3%.
Plot Size
8, Lodge Lane, Gainsborough occupies a 1,339 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
8, Lodge Lane, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
8, Lodge Lane, Gainsborough last changed hands on 22nd January 2019, selling for £255,000. 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 19.1% since January 2019.
- Sold Jan 2019£255,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 8, Lodge Lane, Gainsborough across the last 2 years.
Most recently, 14, Lodge Lane, Gainsborough, DN21 5NW, a freehold house, sold at £260,000 on the 7th October 2020.
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 8, Lodge Lane, Gainsborough as the 14th largest and the 9th most expensive of the 31 addresses on Lodge Lane, Upton, Gainsborough, DN21.
Against the DN21 postcode district average, it is £145k more expensive than the typical property.
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Schools Nearby
- 3.6kmFrances Olive Anderson Church of England (Aided) Primary School
- 4.4kmSt George's Church of England Community Primary School, Gainsborough
- 4.5kmCorringham CofE VC Primary School
- 5.7kmThe Gainsborough Academy
- 7.0kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmKirton Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 8, Lodge Lane, Gainsborough at 5.1 kilometres away.
- 5.1kmGainsborough Lea Road
- 5.8kmGainsborough Central
- 11.9kmSaxilby
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
