53, PICCADILLY WAY, MORTON, BOURNE, PE10 0PE - £245,000

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 PICCADILLY WAY is a small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £245,000 in January 2023, which was around 36% below the average January 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

53 PICCADILLY WAY Sold Prices

Land registry data shows three sales for 53 PICCADILLY WAY 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 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 27 JAN	£245,000	£380,226	36% below HPI
2018 14 MAY	£186,000	£295,828	37% below HPI
2005 7 JAN	£153,000	£210,110	27% below HPI

53 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 three 53 PICCADILLY WAY sales between January 2005 and January 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 May 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 53 PICCADILLY WAY?

53 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 in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 53 PICCADILLY WAY lies on this distribution: 21% of detached houses are smaller than 53 PICCADILLY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Morton.

53 PICCADILLY WAY: Plot and Title Map

53 PICCADILLY WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 53 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 53 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 53 PICCADILLY WAY?

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