129, MORTON TERRACE, GAINSBOROUGH, DN21 2RL - £115,000

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.

129 MORTON TERRACE is a very large semi-detached house of 153m², built sometime between 1930 and 1949, which could now be worth an estimated £121,772. It was last sold for £115,000 in February 2024, which was around 35% below the average February 2024 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

129 MORTON TERRACE Sold Prices

Land registry data shows three sales for 129 MORTON TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 129 MORTON TERRACE sales were for below the average price, whilst one was 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
2024 22 FEB	£115,000	£176,301	35% below HPI
2016 28 JUL	£140,000	£126,476	11% above HPI
2015 2 APR	£74,000	£119,827	38% below HPI

129 MORTON TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 129 MORTON TERRACE sales between April 2015 and February 2024 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 July 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 129 MORTON TERRACE be worth now?

129 MORTON TERRACE might now be worth an estimated £121,772.

This is based on house price inflation of 5.9%, between February 2024 and February 2025, for semi-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 5.9% inflationary increase is applied to the most recent sale price for 129 MORTON TERRACE of £115,000 on 22nd February 2024. For the value to have increased from £115,000 to £121,772 over the one year to February 2025, the following assumptions must hold true:

• The value of 129 MORTON TERRACE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2024 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 129 MORTON TERRACE has not materially changed since February 2024.

How Large is 129 MORTON TERRACE?

129 MORTON TERRACE is 153m² according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 129 MORTON TERRACE lies on this distribution: 90% of semi-detached houses houses are smaller than 129 MORTON TERRACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

129 MORTON TERRACE: Plot and Title Map

129 MORTON TERRACE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 129 MORTON TERRACE, 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 129 MORTON TERRACE). 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 129 MORTON TERRACE?

129 MORTON TERRACE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 129 on MORTON TERRACE.