4, FORD LANE, MORTON, BOURNE, PE10 0RQ - £325,000

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

4 FORD LANE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £325,000 in March 2021, which was around 1% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

4 FORD LANE Sold Prices

Land registry data shows five sales for 4 FORD LANE 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 4 FORD 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
2021 15 MAR	£325,000	£329,215	1% below HPI
2009 18 SEP	£145,000	£200,264	28% below HPI
2004 13 DEC	£157,500	£217,109	27% below HPI
2003 1 DEC	£145,000	£186,329	22% below HPI
1999 10 AUG	£50,000	£93,654	47% below HPI

4 FORD 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 five 4 FORD LANE sales between August 1999 and March 2021 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 FORD LANE?

4 FORD LANE is 128m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 4 FORD LANE lies on this distribution: 76% of detached houses are smaller than 4 FORD LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Morton.

4 FORD LANE: Plot and Title Map

4 FORD LANE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 4 FORD 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 4 FORD 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 4 FORD LANE?

4 FORD LANE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 4 on FORD LANE.