18, FRONT STREET, MORTON, GAINSBOROUGH, DN21 3AA - £185,000

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

18 FRONT STREET is a large detached house of 123m², built sometime between 1930 and 1949. It was last sold for £185,000 in September 2021, which was around 27% below the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

18 FRONT STREET Sold Prices

Land registry data shows three sales for 18 FRONT STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 18 FRONT STREET 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
2021 28 SEP	£185,000	£252,547	27% below HPI
2015 1 JUL	£107,000	£192,441	44% below HPI
2011 29 MAR	£90,000	£173,061	48% below HPI

18 FRONT STREET 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 three 18 FRONT STREET sales between March 2011 and September 2021 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 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 FRONT STREET?

18 FRONT STREET is 123m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 18 FRONT STREET lies on this distribution: 74% of detached houses are smaller than 18 FRONT STREET, and 25% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

18 FRONT STREET: Plot and Title Map

18 FRONT STREET sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 18 FRONT STREET, 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 18 FRONT STREET). 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 18 FRONT STREET?

18 FRONT STREET is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 18 on FRONT STREET.