3, ORCHARD CLOSE, MORTON, GAINSBOROUGH, DN21 3BP - £175,000

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.

3 ORCHARD CLOSE is a very small terraced house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £200,970. It was last sold for £175,000 in April 2021, which was around 37% above the average April 2021 terraced price in the West Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

3 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 3 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 3 ORCHARD CLOSE 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
2021 8 APR	£175,000	£127,836	37% above HPI
2007 7 JUN	£149,000	£100,017	49% above HPI

3 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 3 ORCHARD CLOSE sales from June 2007 and April 2021 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 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 3 ORCHARD CLOSE be worth now?

3 ORCHARD CLOSE might now be worth an estimated £200,970.

This is based on house price inflation of 14.8%, between April 2021 and July 2025, for terraced 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 14.8% inflationary increase is applied to the most recent sale price for 3 ORCHARD CLOSE of £175,000 on 8th April 2021. For the value to have increased from £175,000 to £200,970 over the three years and nine months to July 2025, the following assumptions must hold true:

• The value of 3 ORCHARD CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The April 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORCHARD CLOSE has not materially changed since April 2021.

How Large is 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of terraced houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gainsborough, and where 3 ORCHARD CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 3 ORCHARD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

3 ORCHARD CLOSE: Plot and Title Map

3 ORCHARD CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 3 ORCHARD 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 3 ORCHARD 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 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 3 on ORCHARD CLOSE.