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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1A GRANARY CLOSE is a very small extended semi-detached house of 58m², built sometime between 1996 and 2002. It was last sold for £109,950 in March 2015, which was around 42% below the average March 2015 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 detached price in the West Lindsey local authority area for the corresponding sale date. All 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	£188,056	42% below HPI
2014 10 JAN	£81,000	£190,386	57% below HPI
1997 5 DEC	£38,950	£67,151	42% below HPI
1997 9 MAY	£40,000	£64,506	38% below HPI

1A GRANARY 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 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 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the March 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

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 detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 1A GRANARY CLOSE lies on this distribution: 1% of detached 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 0.025 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.