16, WATERLOO DRIVE, MORTON, BOURNE, PE10 0PJ - £240,000

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

16 WATERLOO DRIVE is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £240,000 in September 2021, which was around 27% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 WATERLOO DRIVE Sold Prices

Land registry data shows four sales for 16 WATERLOO DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 16 WATERLOO DRIVE 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
2021 23 SEP	£240,000	£329,642	27% below HPI
2016 21 MAR	£140,000	£259,840	46% below HPI
2006 29 SEP	£145,000	£234,780	38% below HPI
2000 8 SEP	£69,000	£107,836	36% below HPI

16 WATERLOO DRIVE 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 four 16 WATERLOO DRIVE sales between September 2000 and September 2021 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 March 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 WATERLOO DRIVE?

16 WATERLOO DRIVE is 54m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 16 WATERLOO DRIVE lies on this distribution: 2% of detached houses are smaller than 16 WATERLOO DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Morton.

16 WATERLOO DRIVE: Plot and Title Map

16 WATERLOO DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 16 WATERLOO DRIVE, 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 16 WATERLOO DRIVE). 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 16 WATERLOO DRIVE?

16 WATERLOO DRIVE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 16 on WATERLOO DRIVE.