27, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £242,500

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

27 PADDINGTON WAY is a midsized detached house of 98m², built sometime between 1991 and 1995. It was last sold for £242,500 in June 2021, which was around 26% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

27 PADDINGTON WAY Sold Prices

Land registry data shows six sales for 27 PADDINGTON WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 27 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
2021 2 JUN	£242,500	£328,593	26% below HPI
2013 9 DEC	£165,000	£231,650	29% below HPI
2005 3 AUG	£172,500	£213,560	19% below HPI
2003 1 DEC	£153,000	£186,329	18% below HPI
1999 11 OCT	£72,000	£95,784	25% below HPI
1998 30 JAN	£63,500	£83,783	24% below HPI

27 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 six 27 PADDINGTON WAY sales between January 1998 and June 2021 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 December 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 27 PADDINGTON WAY?

27 PADDINGTON WAY is 98m² according to the EPC inspection conducted in September 2013. 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 27 PADDINGTON WAY lies on this distribution: 52% of detached houses are smaller than 27 PADDINGTON WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Morton.

27 PADDINGTON WAY: Plot and Title Map

27 PADDINGTON WAY sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 27 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 27 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 27 PADDINGTON WAY?

27 PADDINGTON WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 27 on PADDINGTON WAY.