8, SOUTH STREET, MORTON, GAINSBOROUGH, DN21 3AT - £130,000

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.

8 SOUTH STREET is a very small extended detached house of 54m², built sometime between 1900 and 1929, which could now be worth an estimated £137,716. It was last sold for £130,000 in April 2024, which was around 53% below the average April 2024 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

8 SOUTH STREET Sold Prices

Land registry data shows seven sales for 8 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the seven 8 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
2024 12 APR	£130,000	£274,803	53% below HPI
2022 30 AUG	£120,000	£293,139	59% below HPI
2011 20 DEC	£69,950	£178,256	61% below HPI
2005 5 AUG	£78,000	£183,200	57% below HPI
2000 26 APR	£39,950	£74,812	47% below HPI
1997 22 AUG	£23,500	£67,943	65% below HPI
1995 28 APR	£18,000	£62,233	71% below HPI

8 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 seven 8 SOUTH STREET sales between April 1995 and April 2024 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 August 2022 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the April 2024 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 8 SOUTH STREET be worth now?

8 SOUTH STREET might now be worth an estimated £137,716.

This is based on house price inflation of 5.9%, between April 2024 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 5.9% inflationary increase is applied to the most recent sale price for 8 SOUTH STREET of £130,000 on 12th April 2024. For the value to have increased from £130,000 to £137,716 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 8 SOUTH STREET has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The April 2024 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SOUTH STREET has not materially changed since April 2024.

How Large is 8 SOUTH STREET?

8 SOUTH STREET is 54m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% 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 8 SOUTH STREET lies on this distribution: Less than 1% of detached houses houses are smaller than 8 SOUTH STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

8 SOUTH STREET: Plot and Title Map

8 SOUTH STREET sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 8 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 8 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 8 SOUTH STREET?

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