9, School Lane
9, School Lane
Description & Estimates
The public record lists 9, School Lane, Gainsborough as a freehold house.
Comparison with its neighbours suggests a modern house with 2,956 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
9, School Lane, Gainsborough has an estimated sale value of £357,260 and an estimated rental value of £1,496 per month, assuming reasonable condition and based on the information available.
School Lane, Springthorpe, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
9, School Lane, Gainsborough has a single entry in the Land Registry from November 2024 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 9, School Lane, Gainsborough would be worth £375,123, with a potential rental value of £1,571 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,252, with a rental value of £1,392 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 9, School Lane, Gainsborough has decreased by £7,438 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £47 (3.1%). The property's estimated gross yield is currently 5.0%.
Sold Prices
9, School Lane, Gainsborough last changed hands on 29th November 2024, selling for £635,000. 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 dropped by 4.4% since November 2024.
- Sold Nov 2024£635,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 4.9 kilometres of 9, School Lane, Gainsborough across the last 2 years.
Most recently, Oaktree House, Padmoor Lane, Gainsborough, DN21 5NH, a freehold house, sold at £370,000 on the 16th October 2015.
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 9, School Lane, Gainsborough as the 2nd largest and the 4th most expensive of the 12 addresses on School Lane, Springthorpe, Gainsborough, DN21.
Against the DN21 postcode district average, it is £170k more expensive than the typical property.
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Schools Nearby
- 1.8kmCorringham CofE VC Primary School
- 4.8kmSt George's Church of England Community Primary School, Gainsborough
- 4.9kmThe Gainsborough Charles Baines Community Primary School
- 5.0kmThe Gainsborough Academy
- 6.5kmThe Queen Elizabeth's High School, Gainsborough
- 11.1kmKirton Academy
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Public Transport Nearby
Gainsborough Central station is the nearest stop to 9, School Lane, Gainsborough at 5.8 kilometres away.
- 5.8kmGainsborough Central
- 5.8kmGainsborough Lea Road
- 11.3kmKirton Lindsey
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.
