38, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £130,000

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

38 PADDINGTON WAY is a small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £130,000 in February 2011, which was around 38% below the average February 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

38 PADDINGTON WAY Sold Prices

Land registry data shows five sales for 38 PADDINGTON WAY 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 38 PADDINGTON WAY 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
2011 3 FEB	£130,000	£209,257	38% below HPI
2009 2 SEP	£128,500	£200,264	36% below HPI
2006 30 NOV	£157,000	£232,043	32% below HPI
1998 4 SEP	£58,000	£87,183	33% below HPI
1997 31 JUL	£53,500	£78,035	31% below HPI

38 PADDINGTON WAY 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 38 PADDINGTON WAY sales between July 1997 and February 2011 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 September 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 38 PADDINGTON WAY?

38 PADDINGTON WAY is 83m² according to the EPC inspection conducted in March 2010. 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 38 PADDINGTON WAY lies on this distribution: 29% of detached houses are smaller than 38 PADDINGTON WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Morton.

38 PADDINGTON WAY: Plot and Title Map

38 PADDINGTON WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 38 PADDINGTON WAY, 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 38 PADDINGTON WAY). 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 38 PADDINGTON WAY?

38 PADDINGTON WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 38 on PADDINGTON WAY.