1A, GRANARY CLOSE, MORTON, GAINSBOROUGH, DN21 3BJ - £109,950

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.

1A GRANARY CLOSE is a very small extended semi-detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £172,341. It was last sold for £109,950 in March 2015, which was around 8% below the average March 2015 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

1A GRANARY CLOSE Sold Prices

Land registry data shows four sales for 1A GRANARY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. Most of the four 1A GRANARY CLOSE 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
2015 24 MAR	£109,950	£119,100	8% below HPI
2014 10 JAN	£81,000	£121,043	33% below HPI
1997 5 DEC	£38,950	£40,285	3% below HPI
1997 9 MAY	£40,000	£39,128	2% above HPI

1A GRANARY CLOSE 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 four 1A GRANARY CLOSE sales between May 1997 and March 2015 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1A GRANARY CLOSE be worth now?

1A GRANARY CLOSE might now be worth an estimated £172,341.

This is based on house price inflation of 56.7%, between March 2015 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 56.7% inflationary increase is applied to the most recent sale price for 1A GRANARY CLOSE of £109,950 on 24th March 2015. For the value to have increased from £109,950 to £172,341 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 1A GRANARY CLOSE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The March 2015 sale price of £109,950 represented a fair market value for the property.
• The size, condition, and specification of 1A GRANARY CLOSE has not materially changed since March 2015.

How Large is 1A GRANARY CLOSE?

1A GRANARY CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% 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 1A GRANARY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1A GRANARY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

1A GRANARY CLOSE: Plot and Title Map

1A GRANARY CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 1A GRANARY 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 1A GRANARY 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 1A GRANARY CLOSE?

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