20, MORTON CLOSE, MORTON, GAINSBOROUGH, DN21 3AJ - £160,000

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.

20 MORTON CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £208,448. It was last sold for £160,000 in December 2017, which was around 28% below the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

20 MORTON CLOSE Sold Prices

Land registry data shows two sales for 20 MORTON CLOSE 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 20 MORTON 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
2017 15 DEC	£160,000	£223,453	28% below HPI
2013 15 NOV	£124,950	£187,316	33% below HPI

20 MORTON 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 two 20 MORTON CLOSE sales from November 2013 and December 2017 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 November 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 20 MORTON CLOSE be worth now?

20 MORTON CLOSE might now be worth an estimated £208,448.

This is based on house price inflation of 30.3%, between December 2017 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 30.3% inflationary increase is applied to the most recent sale price for 20 MORTON CLOSE of £160,000 on 15th December 2017. For the value to have increased from £160,000 to £208,448 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 20 MORTON CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MORTON CLOSE has not materially changed since December 2017.

How Large is 20 MORTON CLOSE?

20 MORTON CLOSE is 81m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 20 MORTON CLOSE lies on this distribution: 15% of detached houses houses are smaller than 20 MORTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

20 MORTON CLOSE: Plot and Title Map

20 MORTON CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 20 MORTON 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 20 MORTON 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 20 MORTON CLOSE?

20 MORTON CLOSE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 20 on MORTON CLOSE.