1, SALISBURY CLOSE, MORTON, GAINSBOROUGH, DN21 3GB - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SALISBURY CLOSE is a very large detached house of 139m², built sometime between 2003 and 2006, which could now be worth an estimated £326,864. It was last sold for £265,000 in September 2020, which was around 12% above the average September 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

1 SALISBURY CLOSE Sold Prices

Land registry data shows four sales for 1 SALISBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 1 SALISBURY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 25 SEP	£265,000	£236,016	12% above HPI
2019 29 NOV	£250,000	£230,585	8% above HPI
2011 10 MAY	£200,000	£183,006	9% above HPI
2004 24 SEP	£239,950	£178,929	34% above HPI

1 SALISBURY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 1 SALISBURY CLOSE sales between September 2004 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 SALISBURY CLOSE be worth now?

1 SALISBURY CLOSE might now be worth an estimated £326,864.

This is based on house price inflation of 23.3%, between September 2020 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 1 SALISBURY CLOSE of £265,000 on 25th September 2020. For the value to have increased from £265,000 to £326,864 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SALISBURY CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SALISBURY CLOSE has not materially changed since September 2020.

How Large is 1 SALISBURY CLOSE?

1 SALISBURY CLOSE is 139m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 1 SALISBURY CLOSE lies on this distribution: 85% of detached houses houses are smaller than 1 SALISBURY CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 SALISBURY CLOSE: Plot and Title Map

1 SALISBURY CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 1 SALISBURY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SALISBURY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SALISBURY CLOSE?

1 SALISBURY CLOSE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 1 on SALISBURY CLOSE.