12, NEEDHAM ROAD, MORTON, BOURNE, PE10 0XP - £264,000

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

12 NEEDHAM ROAD is a midsized extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £264,000 in May 2020, which was around 16% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

12 NEEDHAM ROAD Sold Prices

Land registry data shows nine sales for 12 NEEDHAM ROAD since 1^st January 1995. The below table shows the price paid for the nine sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the nine 12 NEEDHAM ROAD 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
2020 1 MAY	£264,000	£313,369	16% below HPI
2017 26 JUN	£220,000	£282,729	22% below HPI
2015 27 FEB	£195,000	£236,722	18% below HPI
2014 27 JUN	£165,000	£226,693	27% below HPI
2013 7 JAN	£164,000	£215,198	24% below HPI
2010 3 DEC	£165,000	£221,349	25% below HPI
2004 31 MAR	£170,000	£188,092	10% below HPI
2001 15 JUN	£98,250	£120,875	19% below HPI
1998 9 JAN	£77,450	£83,783	8% below HPI

12 NEEDHAM ROAD 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 nine 12 NEEDHAM ROAD sales between January 1998 and May 2020 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 12 NEEDHAM ROAD?

12 NEEDHAM ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% 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 NEEDHAM ROAD lies on this distribution: 52% of detached houses are smaller than 12 NEEDHAM ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Morton.

12 NEEDHAM ROAD: Plot and Title Map

12 NEEDHAM ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 NEEDHAM ROAD, 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 NEEDHAM ROAD). 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 NEEDHAM ROAD?

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