15, WESTMINSTER CLOSE, MORTON, GAINSBOROUGH, DN21 3GD - £193,000

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.

15 WESTMINSTER CLOSE is a large terraced house of 128m², built sometime between 2003 and 2006, which could now be worth an estimated £286,104. It was last sold for £193,000 in January 2011, which was around 109% above the average January 2011 terraced price in the West Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

15 WESTMINSTER CLOSE Sold Prices

Land registry data shows two sales for 15 WESTMINSTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lindsey local authority area for the corresponding sale date. Both of the two 15 WESTMINSTER CLOSE sales were 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
2011 7 JAN	£193,000	£92,194	109% above HPI
2004 24 MAR	£159,950	£73,428	118% above HPI

15 WESTMINSTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lindsey local authority area over time, sourced from the HPI. The two 15 WESTMINSTER CLOSE sales from March 2004 and January 2011 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 March 2004 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the January 2011 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might 15 WESTMINSTER CLOSE be worth now?

15 WESTMINSTER CLOSE might now be worth an estimated £286,104.

This is based on house price inflation of 48.2%, between January 2011 and June 2025, for terraced 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 48.2% inflationary increase is applied to the most recent sale price for 15 WESTMINSTER CLOSE of £193,000 on 7th January 2011. For the value to have increased from £193,000 to £286,104 over the thirteen years and seven months to June 2025, the following assumptions must hold true:

• The value of 15 WESTMINSTER CLOSE has moved in line with the HPI for terraced houses in the West Lindsey local authority area.
• The January 2011 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WESTMINSTER CLOSE has not materially changed since January 2011.

How Large is 15 WESTMINSTER CLOSE?

15 WESTMINSTER CLOSE is 128m² according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of terraced houses houses in Gainsborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gainsborough, and where 15 WESTMINSTER CLOSE lies on this distribution: 79% of terraced houses houses are smaller than 15 WESTMINSTER CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Gainsborough.

15 WESTMINSTER CLOSE: Plot and Title Map

15 WESTMINSTER CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 15 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 15 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 15 WESTMINSTER CLOSE?

15 WESTMINSTER CLOSE is located in MORTON, in the DN21 postcode district. The below map shows the position of No. 15 on WESTMINSTER CLOSE.