22, MOORGATE CLOSE, MORTON, BOURNE, PE10 0PT - £169,000

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

22 MOORGATE CLOSE is a large extended detached house of 114m², built sometime between 2003 and 2006. It was last sold for £169,000 in December 2011, which was around 24% below the average December 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

22 MOORGATE CLOSE Sold Prices

Land registry data shows five sales for 22 MOORGATE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 22 MOORGATE 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
2011 15 DEC	£169,000	£220,954	24% below HPI
2001 20 JUL	£96,000	£120,395	20% below HPI
1999 26 MAY	£69,000	£89,660	23% below HPI
1998 30 APR	£68,000	£81,954	17% below HPI
1996 26 JUN	£63,155	£70,051	10% below HPI

22 MOORGATE 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 five 22 MOORGATE CLOSE sales between June 1996 and December 2011 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 July 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 22 MOORGATE CLOSE?

22 MOORGATE CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 22 MOORGATE CLOSE lies on this distribution: 68% of detached houses are smaller than 22 MOORGATE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Morton.

22 MOORGATE CLOSE: Plot and Title Map

22 MOORGATE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 22 MOORGATE 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 22 MOORGATE 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 22 MOORGATE CLOSE?

22 MOORGATE CLOSE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 22 on MOORGATE CLOSE.