53, MILLFIELD ROAD, MORTON, BOURNE, PE10 0NU - £195,000

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

53 MILLFIELD ROAD is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £195,000 in October 2023, which was around 49% below the average October 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

53 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 53 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 53 MILLFIELD ROAD 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 OCT	£195,000	£378,999	49% below HPI
1997 30 SEP	£47,000	£80,021	41% below HPI
1995 1 SEP	£47,000	£72,250	35% below HPI

53 MILLFIELD ROAD 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 three 53 MILLFIELD ROAD sales between September 1995 and October 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 September 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 53 MILLFIELD ROAD?

53 MILLFIELD ROAD is 84m² according to the EPC inspection conducted in April 2023. 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 53 MILLFIELD ROAD lies on this distribution: 30% of detached houses are smaller than 53 MILLFIELD ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Morton.

53 MILLFIELD ROAD: Plot and Title Map

53 MILLFIELD ROAD sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 53 MILLFIELD ROAD, 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 53 MILLFIELD ROAD). 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 53 MILLFIELD ROAD?

53 MILLFIELD ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 53 on MILLFIELD ROAD.