48, NURSERY VALE, MORTON, GAINSBOROUGH, DN21 3GE - £280,000

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

48 NURSERY VALE is a midsized detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £278,630. It was last sold for £280,000 in December 2023, which was around 4% below the average December 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

48 NURSERY VALE Sold Prices

Land registry data shows three sales for 48 NURSERY VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three 48 NURSERY VALE sales were for below the average price, whilst one was 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
2023 13 DEC	£280,000	£292,545	4% below HPI
2018 18 JAN	£215,000	£222,763	3% below HPI
2009 27 NOV	£195,000	£177,325	10% above HPI

48 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 three 48 NURSERY VALE sales between November 2009 and December 2023 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 48 NURSERY VALE be worth now?

48 NURSERY VALE might now be worth an estimated £278,630.

This is based on house price deflation of 0.5%, between December 2023 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 0.5% deflationary decrease is applied to the most recent sale price for 48 NURSERY VALE of £280,000 on 13th December 2023. For the value to have decreased from £280,000 to £278,630 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 NURSERY VALE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NURSERY VALE has not materially changed since December 2023.

How Large is 48 NURSERY VALE?

48 NURSERY VALE is 106m² according to the EPC inspection conducted in September 2023. This puts it in the largest 50% 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 48 NURSERY VALE lies on this distribution: 55% of detached houses houses are smaller than 48 NURSERY VALE, and 45% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

48 NURSERY VALE: Plot and Title Map

48 NURSERY VALE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 48 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 48 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 48 NURSERY VALE?

48 NURSERY VALE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 48 on NURSERY VALE.