3, WATERLOO DRIVE, MORTON, BOURNE, PE10 0PH - £300,000

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 WATERLOO DRIVE is a very large extended detached house of 168m², built sometime between 1991 and 1995. It was last sold for £300,000 in February 2022, which was around 15% below the average February 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

3 WATERLOO DRIVE Sold Prices

Land registry data shows two sales for 3 WATERLOO DRIVE 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 WATERLOO DRIVE 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 25 FEB	£300,000	£352,660	15% below HPI
2016 12 AUG	£232,500	£268,196	13% below HPI

3 WATERLOO DRIVE 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 WATERLOO DRIVE sales from August 2016 and February 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 August 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 WATERLOO DRIVE?

3 WATERLOO DRIVE is 168m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% 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 WATERLOO DRIVE lies on this distribution: 86% of detached houses are smaller than 3 WATERLOO DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Morton.

3 WATERLOO DRIVE: Plot and Title Map

3 WATERLOO DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 WATERLOO DRIVE, 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 WATERLOO DRIVE). 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 WATERLOO DRIVE?

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