2, NURSERY VALE, MORTON, GAINSBOROUGH, DN21 3GE - £358,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 NURSERY VALE is a very large detached house of 166m², built sometime between 2003 and 2006, which could now be worth an estimated £374,087. It was last sold for £358,500 in February 2024, which was around 29% above the average February 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

2 NURSERY VALE Sold Prices

Land registry data shows two sales for 2 NURSERY VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 NURSERY VALE sales were 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	£358,500	£278,984	29% above HPI
2004 30 APR	£229,950	£155,617	48% above HPI

2 NURSERY VALE 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 two 2 NURSERY VALE sales from April 2004 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 April 2004 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2024 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 NURSERY VALE be worth now?

2 NURSERY VALE might now be worth an estimated £374,087.

This is based on house price inflation of 4.3%, between February 2024 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 4.3% inflationary increase is applied to the most recent sale price for 2 NURSERY VALE of £358,500 on 22nd February 2024. For the value to have increased from £358,500 to £374,087 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 NURSERY VALE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2024 sale price of £358,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NURSERY VALE has not materially changed since February 2024.

How Large is 2 NURSERY VALE?

2 NURSERY VALE is 166m² according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 2 NURSERY VALE lies on this distribution: 93% of detached houses houses are smaller than 2 NURSERY VALE, and 7% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

2 NURSERY VALE: Plot and Title Map

2 NURSERY VALE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 NURSERY VALE, 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 2 NURSERY VALE). 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 2 NURSERY VALE?

2 NURSERY VALE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 2 on NURSERY VALE.