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
25 MOORGATE CLOSE is a large extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £144,950 in October 2003, which was around 22% below the average October 2003 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 MOORGATE CLOSE since 1st 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. One of the two 25 MOORGATE CLOSE sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2003 7 OCT | £144,950 | £185,309 | 22% below HPI |
1996 23 FEB | £67,750 | £67,888 | Close to HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 25 MOORGATE CLOSE sales from February 1996 and October 2003 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 February 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2003 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
25 MOORGATE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 25 MOORGATE CLOSE lies on this distribution: 60% of detached houses are smaller than 25 MOORGATE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Morton.
25 MOORGATE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 25 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 25 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.
25 MOORGATE CLOSE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 25 on MOORGATE CLOSE.