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

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

15 NEEDHAM ROAD is a midsized detached house of 101m², built sometime between 1983 and 1990. It was last sold for £218,000 in March 2019, which was around 27% 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	£300,234	27% below HPI
2017 21 DEC	£212,500	£288,678	26% below HPI
2009 19 OCT	£148,500	£210,709	30% below HPI
2007 30 JAN	£165,000	£229,576	28% below HPI
2002 3 MAY	£110,000	£137,835	20% below HPI
2000 14 JUL	£83,000	£108,268	23% below HPI
1999 4 JAN	£72,500	£88,213	18% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 15 NEEDHAM ROAD lies on this distribution: 56% of detached houses are smaller than 15 NEEDHAM ROAD, and 44% 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.