12, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £255,000

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 PADDINGTON WAY is a midsized extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £255,000 in July 2018, which was around 15% below the average July 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

12 PADDINGTON WAY Sold Prices

Land registry data shows six sales for 12 PADDINGTON WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 12 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
2018 23 JUL	£255,000	£300,614	15% below HPI
2012 14 SEP	£153,000	£221,098	31% below HPI
2006 16 FEB	£175,000	£212,912	18% below HPI
1998 15 MAY	£68,500	£83,115	18% below HPI
1996 29 MAR	£66,000	£67,485	2% below HPI
1995 9 JUN	£66,750	£69,950	5% below HPI

12 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 six 12 PADDINGTON WAY sales between June 1995 and July 2018 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 September 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 PADDINGTON WAY?

12 PADDINGTON WAY is 96m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 PADDINGTON WAY lies on this distribution: 48% of detached houses are smaller than 12 PADDINGTON WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Morton.

12 PADDINGTON WAY: Plot and Title Map

12 PADDINGTON WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 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 12 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 12 PADDINGTON WAY?

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