10, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £114,000

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

10 PADDINGTON WAY is a small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £114,000 in September 2002, which was around 25% below the average September 2002 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

10 PADDINGTON WAY Sold Prices

Land registry data shows two sales for 10 PADDINGTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 10 PADDINGTON WAY 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
2002 5 SEP	£114,000	£151,364	25% below HPI
1995 28 JUL	£58,500	£71,453	18% below HPI

10 PADDINGTON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 10 PADDINGTON WAY sales from July 1995 and September 2002 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 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 10 PADDINGTON WAY?

10 PADDINGTON WAY is 85m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 10 PADDINGTON WAY lies on this distribution: 33% of detached houses are smaller than 10 PADDINGTON WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Morton.

10 PADDINGTON WAY: Plot and Title Map

10 PADDINGTON WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 10 PADDINGTON WAY, 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 10 PADDINGTON WAY). 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 10 PADDINGTON WAY?

10 PADDINGTON WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 10 on PADDINGTON WAY.