3, NEEDHAM ROAD, MORTON, BOURNE, PE10 0XP - £280,000

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

3 NEEDHAM ROAD is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £280,000 in December 2019, which was around 8% below the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

3 NEEDHAM ROAD Sold Prices

Land registry data shows four sales for 3 NEEDHAM 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. Most of the four 3 NEEDHAM 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
2019 4 DEC	£280,000	£303,832	8% below HPI
2003 7 NOV	£175,500	£185,272	5% below HPI
2002 16 AUG	£139,000	£148,342	6% below HPI
1999 23 JUL	£93,995	£90,942	3% above HPI

3 NEEDHAM 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 3 NEEDHAM ROAD sales between July 1999 and December 2019 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 NEEDHAM ROAD?

3 NEEDHAM ROAD is 104m² according to the EPC inspection conducted in August 2019. 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 3 NEEDHAM ROAD lies on this distribution: 59% of detached houses are smaller than 3 NEEDHAM ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Morton.

3 NEEDHAM ROAD: Plot and Title Map

3 NEEDHAM ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 3 NEEDHAM 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 3 NEEDHAM 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 3 NEEDHAM ROAD?

3 NEEDHAM ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 3 on NEEDHAM ROAD.