49, PICCADILLY WAY, MORTON, BOURNE, PE10 0PE - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 PICCADILLY WAY is a small extended detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £287,996. It was last sold for £225,000 in November 2017, which was around 21% below the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

49 PICCADILLY WAY Sold Prices

Land registry data shows two sales for 49 PICCADILLY WAY 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 49 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
2017 24 NOV	£225,000	£284,894	21% below HPI
2004 17 SEP	£150,000	£207,551	28% below HPI

49 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 two 49 PICCADILLY WAY sales from September 2004 and November 2017 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 49 PICCADILLY WAY be worth now?

49 PICCADILLY WAY might now be worth an estimated £287,996.

This is based on house price inflation of 28%, between November 2017 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 49 PICCADILLY WAY of £225,000 on 24th November 2017. For the value to have increased from £225,000 to £287,996 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 49 PICCADILLY WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 49 PICCADILLY WAY has not materially changed since November 2017.

How Large is 49 PICCADILLY WAY?

49 PICCADILLY WAY is 79m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses houses in Morton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morton, and where 49 PICCADILLY WAY lies on this distribution: 21% of detached houses houses are smaller than 49 PICCADILLY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Morton.

49 PICCADILLY WAY: Plot and Title Map

49 PICCADILLY WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 49 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 49 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 49 PICCADILLY WAY?

49 PICCADILLY WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 49 on PICCADILLY WAY.