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
47 NURSERY VALE is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £152,500 in May 2022, which was around 44% below the average May 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 47 NURSERY VALE since 1st 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 47 NURSERY VALE 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 6 MAY | £152,500 | £272,750 | 44% below HPI |
2004 10 DEC | £118,950 | £171,463 | 31% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 47 NURSERY VALE sales from December 2004 and May 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 December 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
47 NURSERY VALE is 81m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 47 NURSERY VALE lies on this distribution: 15% of detached houses are smaller than 47 NURSERY VALE, and 84% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.
47 NURSERY VALE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 47 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 47 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.
47 NURSERY VALE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 47 on NURSERY VALE.