6, SOUTH STREET, MORTON, GAINSBOROUGH, DN21 3AT - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 SOUTH STREET is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £170,872. It was last sold for £135,000 in August 2018, which was around 41% below the average August 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

6 SOUTH STREET Sold Prices

Land registry data shows three sales for 6 SOUTH STREET 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. All of the three 6 SOUTH STREET 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
2018 31 AUG	£135,000	£229,999	41% below HPI
2016 2 DEC	£95,000	£209,449	55% below HPI
1999 12 NOV	£37,000	£74,391	50% below HPI

6 SOUTH STREET 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 6 SOUTH STREET sales between November 1999 and August 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 December 2016 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 6 SOUTH STREET be worth now?

6 SOUTH STREET might now be worth an estimated £170,872.

This is based on house price inflation of 26.6%, between August 2018 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 26.6% inflationary increase is applied to the most recent sale price for 6 SOUTH STREET of £135,000 on 31st August 2018. For the value to have increased from £135,000 to £170,872 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 6 SOUTH STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The August 2018 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SOUTH STREET has not materially changed since August 2018.

How Large is 6 SOUTH STREET?

6 SOUTH STREET is 78m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 6 SOUTH STREET lies on this distribution: 13% of detached houses houses are smaller than 6 SOUTH STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

6 SOUTH STREET: Plot and Title Map

6 SOUTH STREET sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 6 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

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