2, WHEELWRIGHT CLOSE, MORTON, BOURNE, PE10 0XQ - £130,000

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

2 WHEELWRIGHT CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £130,000 in January 2013, which was around 40% below the average January 2013 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 D.

2 WHEELWRIGHT CLOSE Sold Prices

Land registry data shows four sales for 2 WHEELWRIGHT CLOSE 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 2 WHEELWRIGHT CLOSE 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
2013 14 JAN	£130,000	£215,198	40% below HPI
2009 11 JUN	£142,000	£201,219	29% below HPI
2005 19 AUG	£152,000	£213,560	29% below HPI
1998 28 AUG	£65,545	£84,887	23% below HPI

2 WHEELWRIGHT CLOSE 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 2 WHEELWRIGHT CLOSE sales between August 1998 and January 2013 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 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 WHEELWRIGHT CLOSE?

2 WHEELWRIGHT CLOSE is 70m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 2 WHEELWRIGHT CLOSE lies on this distribution: 13% of detached houses are smaller than 2 WHEELWRIGHT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Morton.

2 WHEELWRIGHT CLOSE: Plot and Title Map

2 WHEELWRIGHT CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 2 WHEELWRIGHT CLOSE, 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 2 WHEELWRIGHT CLOSE). 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 2 WHEELWRIGHT CLOSE?

2 WHEELWRIGHT CLOSE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 2 on WHEELWRIGHT CLOSE.