3, THE PADDOCK, MORTON, BOURNE, PE10 0NY - £200,000

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 THE PADDOCK is a small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £200,000 in July 2022, which was around 46% below the average July 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 THE PADDOCK 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 3 THE PADDOCK 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
2022 22 JUL	£200,000	£371,248	46% below HPI
2016 25 NOV	£172,500	£273,230	37% below HPI

3 THE PADDOCK 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 3 THE PADDOCK sales from November 2016 and July 2022 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 83m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 THE PADDOCK lies on this distribution: 28% of detached houses are smaller than 3 THE PADDOCK, and 71% of houses are larger. Note that EPC data is not available for all properties in Morton.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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