15A, MORTON ROAD, LAUGHTON, GAINSBOROUGH, DN21 3PS - £230,000

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.

15A MORTON ROAD is a small extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £280,671. It was last sold for £230,000 in November 2020, which was around 4% below the average November 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

15A MORTON ROAD Sold Prices

Land registry data shows four sales for 15A MORTON ROAD 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 15A MORTON ROAD sales were for below 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 17 NOV	£230,000	£238,558	4% below HPI
2016 29 MAR	£178,000	£200,255	11% below HPI
2006 31 MAY	£152,000	£177,966	15% below HPI
1996 2 AUG	£52,250	£63,055	17% below HPI

15A MORTON ROAD 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 15A MORTON ROAD sales between August 1996 and November 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 March 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15A MORTON ROAD be worth now?

15A MORTON ROAD might now be worth an estimated £280,671.

This is based on house price inflation of 22%, between November 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 22% inflationary increase is applied to the most recent sale price for 15A MORTON ROAD of £230,000 on 17th November 2020. For the value to have increased from £230,000 to £280,671 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15A MORTON ROAD has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The November 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 15A MORTON ROAD has not materially changed since November 2020.

How Large is 15A MORTON ROAD?

15A MORTON ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses houses in Laughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laughton, and where 15A MORTON ROAD lies on this distribution: 25% of detached houses houses are smaller than 15A MORTON ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Laughton.

15A MORTON ROAD: Plot and Title Map

15A MORTON ROAD sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 15A MORTON ROAD, 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 15A MORTON ROAD). 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 15A MORTON ROAD?

15A MORTON ROAD is located in LAUGHTON, in the DN21 postcode district. The below map shows the position of No. 15A on MORTON ROAD.