15, NEEDHAM ROAD, MORTON, BOURNE, PE10 0XP - £218,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 NEEDHAM ROAD is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £269,210. It was last sold for £218,000 in March 2019, which was around 26% below the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

15 NEEDHAM ROAD Sold Prices

Land registry data shows seven sales for 15 NEEDHAM ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the seven 15 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
2019 14 MAR	£218,000	£295,292	26% below HPI
2017 21 DEC	£212,500	£283,926	25% below HPI
2009 19 OCT	£148,500	£207,240	28% below HPI
2007 30 JAN	£165,000	£225,796	27% below HPI
2002 3 MAY	£110,000	£135,565	19% below HPI
2000 14 JUL	£83,000	£106,486	22% below HPI
1999 4 JAN	£72,500	£86,760	16% below HPI

15 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 seven 15 NEEDHAM ROAD sales between January 1999 and March 2019 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 December 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 NEEDHAM ROAD be worth now?

15 NEEDHAM ROAD might now be worth an estimated £269,210.

This is based on house price inflation of 23.5%, between March 2019 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 15 NEEDHAM ROAD of £218,000 on 14th March 2019. For the value to have increased from £218,000 to £269,210 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 15 NEEDHAM ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2019 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEEDHAM ROAD has not materially changed since March 2019.

How Large is 15 NEEDHAM ROAD?

15 NEEDHAM ROAD is 101m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses houses in Morton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morton, and where 15 NEEDHAM ROAD lies on this distribution: 55% of detached houses houses are smaller than 15 NEEDHAM ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Morton.

15 NEEDHAM ROAD: Plot and Title Map

15 NEEDHAM ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 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 15 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 15 NEEDHAM ROAD?

15 NEEDHAM ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 15 on NEEDHAM ROAD.