40, NURSERY VALE, MORTON, GAINSBOROUGH, DN21 3GE - £260,000

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

40 NURSERY VALE is a very large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £260,000 in January 2018, which was around 18% above the average January 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

40 NURSERY VALE Sold Prices

Land registry data shows two sales for 40 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 40 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
2018 18 JAN	£260,000	£219,568	18% above HPI
2005 28 JAN	£239,950	£172,593	39% above HPI

40 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 40 NURSERY VALE sales from January 2005 and January 2018 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 January 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the January 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 40 NURSERY VALE?

40 NURSERY VALE is 157m² according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 40 NURSERY VALE lies on this distribution: 91% of detached houses are smaller than 40 NURSERY VALE, and 9% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

40 NURSERY VALE: Plot and Title Map

40 NURSERY VALE sits on a plot of roughly 0.198 of an acre, or 799m². The below map shows the location of 40 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 40 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 40 NURSERY VALE?

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