20B, MORTON ROAD, LAUGHTON, GAINSBOROUGH, DN21 3PS - £225,000

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

20B MORTON ROAD is a very small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £225,000 in June 2017, which was around 5% above the average June 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

20B MORTON ROAD Sold Prices

Land registry data shows three sales for 20B MORTON ROAD 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. Two of the three 20B MORTON ROAD sales were for above the average price, whilst one was 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 22 JUN	£225,000	£214,952	5% above HPI
2015 26 JUN	£207,000	£188,193	10% above HPI
1998 27 FEB	£64,000	£68,114	6% below HPI

20B MORTON ROAD 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 20B MORTON ROAD sales between February 1998 and June 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 June 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 20B MORTON ROAD?

20B MORTON ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Laughton, based on EPC data. The below chart shows the distribution of detached houses by size in Laughton, and where 20B MORTON ROAD lies on this distribution: 15% of detached houses are smaller than 20B MORTON ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Laughton.

20B MORTON ROAD: Plot and Title Map

20B MORTON ROAD sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of 20B MORTON ROAD, 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 20B MORTON ROAD). 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 20B MORTON ROAD?

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