40, FRONT STREET, MORTON, GAINSBOROUGH, DN21 3AE - £163,750

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.

40 FRONT STREET is a small semi-detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £176,571. It was last sold for £163,750 in February 2022, which was around 5% below the average February 2022 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

40 FRONT STREET Sold Prices

Land registry data shows three sales for 40 FRONT STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 40 FRONT STREET 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
2022 28 FEB	£163,750	£173,128	5% below HPI
2020 7 MAY	£135,000	£142,847	5% below HPI
2019 28 MAR	£75,000	£140,836	47% below HPI

40 FRONT STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 40 FRONT STREET sales between March 2019 and February 2022 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 May 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2022 sale, which was also at 5% below the HPI.

What might 40 FRONT STREET be worth now?

40 FRONT STREET might now be worth an estimated £176,571.

This is based on house price inflation of 7.8%, between February 2022 and February 2025, for semi-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 7.8% inflationary increase is applied to the most recent sale price for 40 FRONT STREET of £163,750 on 28th February 2022. For the value to have increased from £163,750 to £176,571 over the three years to February 2025, the following assumptions must hold true:

• The value of 40 FRONT STREET has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The February 2022 sale price of £163,750 represented a fair market value for the property.
• The size, condition, and specification of 40 FRONT STREET has not materially changed since February 2022.

How Large is 40 FRONT STREET?

40 FRONT STREET is 94m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 40 FRONT STREET lies on this distribution: 34% of semi-detached houses houses are smaller than 40 FRONT STREET, and 64% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 FRONT STREET: Plot and Title Map

40 FRONT STREET sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 40 FRONT STREET, 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 40 FRONT STREET). 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 40 FRONT STREET?

40 FRONT STREET is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 40 on FRONT STREET.