8, MORTON TERRACE, GAINSBOROUGH, DN21 2RF - £263,000

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

8 MORTON TERRACE is a very large detached house of 193m², built sometime between 1900 and 1929. It was last sold for £263,000 in November 2018, which was around 19% above the average November 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

8 MORTON TERRACE Sold Prices

Land registry data shows two sales for 8 MORTON TERRACE 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. One of the two 8 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
2018 1 NOV	£263,000	£221,194	19% above HPI
2009 6 JUL	£174,000	£178,357	2% below HPI

8 MORTON TERRACE 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 8 MORTON TERRACE sales from July 2009 and November 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 July 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 8 MORTON TERRACE?

8 MORTON TERRACE is 193m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Gainsborough, based on EPC data. The below chart shows the distribution of detached houses by size in Gainsborough, and where 8 MORTON TERRACE lies on this distribution: 97% of detached houses are smaller than 8 MORTON TERRACE, and 3% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

8 MORTON TERRACE: Plot and Title Map

8 MORTON TERRACE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 8 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 8 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 8 MORTON TERRACE?

8 MORTON TERRACE is located in GAINSBOROUGH, in the DN21 postcode district. The below map shows the position of No. 8 on MORTON TERRACE.