34, EAST LANE, MORTON, BOURNE, PE10 0NW - £225,000

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

34 EAST LANE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2024, which was around 40% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was E, and the potential energy rating was C.

34 EAST LANE Sold Prices

Land registry data shows two sales for 34 EAST LANE 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 34 EAST LANE 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 9 AUG	£225,000	£372,962	40% below HPI
2006 6 OCT	£177,000	£233,031	24% below HPI

34 EAST LANE 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 34 EAST LANE sales from October 2006 and August 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 34 EAST LANE?

34 EAST LANE is 89m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 34 EAST LANE lies on this distribution: 40% of detached houses are smaller than 34 EAST LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Morton.

34 EAST LANE: Plot and Title Map

34 EAST LANE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 34 EAST LANE, 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 34 EAST LANE). 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 34 EAST LANE?

34 EAST LANE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 34 on EAST LANE.