3, WHEELWRIGHT CLOSE, MORTON, BOURNE, PE10 0XQ - £260,000

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 WHEELWRIGHT CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £260,000 in January 2024, which was around 28% below the average January 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

3 WHEELWRIGHT CLOSE Sold Prices

Land registry data shows five sales for 3 WHEELWRIGHT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 3 WHEELWRIGHT CLOSE 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
2024 8 JAN	£260,000	£361,647	28% below HPI
2013 14 OCT	£144,995	£233,773	38% below HPI
2004 12 MAR	£153,000	£188,092	19% below HPI
2000 28 JAN	£79,950	£94,625	16% below HPI
1998 30 SEP	£59,995	£87,183	31% below HPI

3 WHEELWRIGHT CLOSE 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 five 3 WHEELWRIGHT CLOSE sales between September 1998 and January 2024 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 October 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 WHEELWRIGHT CLOSE?

3 WHEELWRIGHT CLOSE is 100m² according to the EPC inspection conducted in June 2023. 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 WHEELWRIGHT CLOSE lies on this distribution: 55% of detached houses are smaller than 3 WHEELWRIGHT CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Morton.

3 WHEELWRIGHT CLOSE: Plot and Title Map

3 WHEELWRIGHT CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 WHEELWRIGHT 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 3 WHEELWRIGHT 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.

Where is 3 WHEELWRIGHT CLOSE?

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