24, BOURNE ROAD, MORTON, BOURNE, PE10 0RG - £120,000

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

24 BOURNE ROAD is a very small extended detached house of 56m², built sometime before 1900. It was last sold for £120,000 in October 2017, which was around 59% below the average October 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was F.

24 BOURNE ROAD Sold Prices

Land registry data shows four sales for 24 BOURNE ROAD 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 24 BOURNE 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
2017 19 OCT	£120,000	£291,487	59% below HPI
2010 23 JUN	£115,000	£214,162	46% below HPI
2008 26 SEP	£68,375	£225,322	70% below HPI
2005 9 SEP	£92,000	£216,587	58% below HPI

24 BOURNE 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 four 24 BOURNE ROAD sales between September 2005 and October 2017 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 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2017 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 24 BOURNE ROAD?

24 BOURNE ROAD is 56m², which includes one extension, according to the EPC inspection conducted in November 2008. 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 24 BOURNE ROAD lies on this distribution: 2% of detached houses are smaller than 24 BOURNE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Morton.

24 BOURNE ROAD: Plot and Title Map

24 BOURNE ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 24 BOURNE 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 24 BOURNE 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 24 BOURNE ROAD?

24 BOURNE ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 24 on BOURNE ROAD.