9, WESTMINSTER CLOSE, MORTON, GAINSBOROUGH, DN21 3GD - £124,000

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

9 WESTMINSTER CLOSE is a very large detached house of 139m², built sometime between 2003 and 2006. It was last sold for £124,000 in August 2014, which was around 32% below the average August 2014 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

9 WESTMINSTER CLOSE Sold Prices

Land registry data shows two sales for 9 WESTMINSTER CLOSE 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 9 WESTMINSTER CLOSE sales was for below the average price, whilst the other was for above 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
2014 7 AUG	£124,000	£182,973	32% below HPI
2003 19 DEC	£159,950	£150,273	6% above HPI

9 WESTMINSTER CLOSE 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 9 WESTMINSTER CLOSE sales from December 2003 and August 2014 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 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 9 WESTMINSTER CLOSE?

9 WESTMINSTER CLOSE is 139m² according to the EPC inspection conducted in June 2011. 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 9 WESTMINSTER CLOSE lies on this distribution: 87% of detached houses are smaller than 9 WESTMINSTER CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

9 WESTMINSTER CLOSE: Plot and Title Map

9 WESTMINSTER CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 9 WESTMINSTER CLOSE, 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 9 WESTMINSTER CLOSE). 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 9 WESTMINSTER CLOSE?

9 WESTMINSTER CLOSE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 9 on WESTMINSTER CLOSE.