47, NURSERY VALE, MORTON, GAINSBOROUGH, DN21 3GE - £152,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

47 NURSERY VALE is a very small detached house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £160,433. It was last sold for £152,500 in May 2022, which was around 45% 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.

47 NURSERY VALE Sold Prices

Land registry data shows two sales for 47 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 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	£276,720	45% below HPI
2004 10 DEC	£118,950	£173,959	32% below HPI

47 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 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 47 NURSERY VALE be worth now?

47 NURSERY VALE might now be worth an estimated £160,433.

This is based on house price inflation of 5.2%, between May 2022 and February 2025, for 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 5.2% inflationary increase is applied to the most recent sale price for 47 NURSERY VALE of £152,500 on 6th May 2022. For the value to have increased from £152,500 to £160,433 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 47 NURSERY VALE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2022 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 47 NURSERY VALE has not materially changed since May 2022.

How Large is 47 NURSERY VALE?

47 NURSERY VALE is 81m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gainsborough, and where 47 NURSERY VALE lies on this distribution: 15% of detached houses houses are smaller than 47 NURSERY VALE, and 85% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

47 NURSERY VALE: Plot and Title Map

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.

Where is 47 NURSERY VALE?

47 NURSERY VALE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 47 on NURSERY VALE.