6, FIELD LANE, MORTON, GAINSBOROUGH, DN21 3BY - £147,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 FIELD LANE is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £147,000 in October 2015, which was around 25% below the average October 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

6 FIELD LANE Sold Prices

Land registry data shows two sales for 6 FIELD LANE 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 6 FIELD LANE 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
2015 29 OCT	£147,000	£196,626	25% below HPI
1997 7 NOV	£60,000	£68,849	13% below HPI

6 FIELD LANE 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 6 FIELD LANE sales from November 1997 and October 2015 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 November 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 FIELD LANE?

6 FIELD LANE is 94m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 6 FIELD LANE lies on this distribution: 34% of detached houses are smaller than 6 FIELD LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

6 FIELD LANE: Plot and Title Map

6 FIELD LANE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 6 FIELD LANE, 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 6 FIELD LANE). 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 6 FIELD LANE?

6 FIELD LANE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 6 on FIELD LANE.