4, PICCADILLY WAY, MORTON, BOURNE, PE10 0PE - £215,000

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 PICCADILLY WAY is a small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £215,000 in May 2023, which was around 41% below the average May 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 PICCADILLY WAY Sold Prices

Land registry data shows four sales for 4 PICCADILLY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 4 PICCADILLY 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
2023 5 MAY	£215,000	£365,702	41% below HPI
2016 10 JUN	£165,000	£262,677	37% below HPI
2002 30 SEP	£102,995	£151,364	32% below HPI
1996 8 MAR	£72,500	£67,485	7% above HPI

4 PICCADILLY 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 four 4 PICCADILLY WAY sales between March 1996 and May 2023 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 June 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 PICCADILLY WAY?

4 PICCADILLY WAY is 80m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 4 PICCADILLY WAY lies on this distribution: 24% of detached houses are smaller than 4 PICCADILLY WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Morton.

4 PICCADILLY WAY: Plot and Title Map

4 PICCADILLY WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 PICCADILLY 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 4 PICCADILLY 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 4 PICCADILLY WAY?

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