7, MORTON TERRACE, GAINSBOROUGH, DN21 2RF - £96,000

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.

7 MORTON TERRACE is a large semi-detached house of 119m², built sometime between 1900 and 1929, which could now be worth an estimated £196,685. It was last sold for £96,000 in October 2003, which was around 5% above the average October 2003 semi-detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

7 MORTON TERRACE Sold Prices

Land registry data shows two sales for 7 MORTON TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 7 MORTON TERRACE sales was for above the average price, whilst the other was 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
2003 9 OCT	£96,000	£91,118	5% above HPI
2002 14 FEB	£52,500	£57,463	9% below HPI

7 MORTON TERRACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 7 MORTON TERRACE sales from February 2002 and October 2003 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 February 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2003 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 7 MORTON TERRACE be worth now?

7 MORTON TERRACE might now be worth an estimated £196,685.

This is based on house price inflation of 104.9%, between October 2003 and February 2025, for semi-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 104.9% inflationary increase is applied to the most recent sale price for 7 MORTON TERRACE of £96,000 on 9th October 2003. For the value to have increased from £96,000 to £196,685 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 MORTON TERRACE has moved in line with the HPI for semi-detached houses in the West Lindsey local authority area.
• The October 2003 sale price of £96,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MORTON TERRACE has not materially changed since October 2003.

How Large is 7 MORTON TERRACE?

7 MORTON TERRACE is 119m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of semi-detached houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gainsborough, and where 7 MORTON TERRACE lies on this distribution: 70% of semi-detached houses houses are smaller than 7 MORTON TERRACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

7 MORTON TERRACE: Plot and Title Map

7 MORTON TERRACE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 7 MORTON TERRACE, 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 7 MORTON TERRACE). 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 7 MORTON TERRACE?

7 MORTON TERRACE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 7 on MORTON TERRACE.