1, WESTMINSTER CLOSE, MORTON, GAINSBOROUGH, DN21 3GD - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WESTMINSTER CLOSE is a very large detached house of 158m², built sometime between 2003 and 2006. It was last sold for £175,000 in April 2013, which was about the average April 2013 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

1 WESTMINSTER CLOSE Sold Prices

Land registry data shows four sales for 1 WESTMINSTER 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. The four 1 WESTMINSTER CLOSE sales were a mix of roughly equal to the average price, and 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
2013 26 APR	£175,000	£175,385	Close to HPI
2009 26 JAN	£225,000	£173,252	30% above HPI
2005 21 JUN	£215,000	£174,136	23% above HPI
2004 2 APR	£187,950	£153,384	23% above HPI

1 WESTMINSTER 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 WESTMINSTER CLOSE sales between April 2004 and April 2013 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 January 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1 WESTMINSTER CLOSE?

1 WESTMINSTER CLOSE is 158m² according to the EPC inspection conducted in August 2011. This puts it in the largest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 1 WESTMINSTER CLOSE lies on this distribution: 92% of detached houses are smaller than 1 WESTMINSTER CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1 WESTMINSTER CLOSE: Plot and Title Map

1 WESTMINSTER CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER CLOSE?

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