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
11 VIOLET CLOSE is a large extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £262,500 in May 2024, which was around 30% below the average May 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 11 VIOLET CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 11 VIOLET CLOSE 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 3 MAY | £262,500 | £372,526 | 30% below HPI |
2001 27 JUN | £106,995 | £120,875 | 11% below HPI |
1998 27 MAY | £73,000 | £83,115 | 12% below HPI |
1996 28 JUN | £59,500 | £70,051 | 15% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 11 VIOLET CLOSE sales between June 1996 and May 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 June 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
11 VIOLET CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 11 VIOLET CLOSE lies on this distribution: 73% of detached houses are smaller than 11 VIOLET CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Morton.
11 VIOLET CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 11 VIOLET 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 11 VIOLET 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.
11 VIOLET CLOSE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 11 on VIOLET CLOSE.