7, WEST STREET, MORTON, GAINSBOROUGH, DN21 3AZ - £277,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 WEST STREET is a very large extended detached house of 145m², built sometime before 1900. It was last sold for £277,500 in December 2021, which was around 5% above the average December 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

7 WEST STREET Sold Prices

Land registry data shows four sales for 7 WEST STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 7 WEST STREET sales were for above the average price, and four 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
2021 17 DEC	£277,500	£265,050	5% above HPI
2019 29 NOV	£200,000	£227,277	12% below HPI
2019 21 MAR	£165,000	£222,409	26% below HPI
2003 11 NOV	£158,000	£148,078	7% above HPI

7 WEST 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 four 7 WEST STREET sales between November 2003 and December 2021 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 WEST STREET?

7 WEST STREET is 145m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 7 WEST STREET lies on this distribution: 87% of detached houses are smaller than 7 WEST STREET, and 12% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

7 WEST STREET: Plot and Title Map

7 WEST STREET sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 WEST 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 7 WEST 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 7 WEST STREET?

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