22, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £257,500

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 PADDINGTON WAY is a midsized extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £257,500 in June 2024, which was around 30% below the average June 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

22 PADDINGTON WAY Sold Prices

Land registry data shows two sales for 22 PADDINGTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 22 PADDINGTON WAY 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
2024 14 JUN	£257,500	£366,202	30% below HPI
1995 24 NOV	£59,995	£71,233	16% below HPI

22 PADDINGTON WAY 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 two 22 PADDINGTON WAY sales from November 1995 and June 2024 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 November 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 PADDINGTON WAY?

22 PADDINGTON WAY is 98m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 22 PADDINGTON WAY lies on this distribution: 52% of detached houses are smaller than 22 PADDINGTON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Morton.

22 PADDINGTON WAY: Plot and Title Map

22 PADDINGTON WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 22 PADDINGTON WAY, 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 PADDINGTON WAY). 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 PADDINGTON WAY?

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