12, LARKS RISE, MORTON, BOURNE, PE10 0RL - £147,500

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

12 LARKS RISE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £147,500 in November 2007, which was around 40% below the average November 2007 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

12 LARKS RISE Sold Prices

Land registry data shows three sales for 12 LARKS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 12 LARKS RISE 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
2007 8 NOV	£147,500	£246,334	40% below HPI
2004 9 JUN	£125,000	£193,884	36% below HPI
2003 5 SEP	£106,000	£184,697	43% below HPI

12 LARKS RISE 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 three 12 LARKS RISE sales between September 2003 and November 2007 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2007 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 LARKS RISE?

12 LARKS RISE is 75m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 12 LARKS RISE lies on this distribution: 17% of detached houses are smaller than 12 LARKS RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Morton.

12 LARKS RISE: Plot and Title Map

12 LARKS RISE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 12 LARKS RISE, 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 12 LARKS RISE). 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 12 LARKS RISE?

12 LARKS RISE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 12 on LARKS RISE.