55, STATION ROAD, MORTON, BOURNE, PE10 0NN - £283,000

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

55 STATION ROAD is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £283,000 in September 2021, which was around 14% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

55 STATION ROAD Sold Prices

Land registry data shows three sales for 55 STATION 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 55 STATION 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
2021 30 SEP	£283,000	£329,642	14% below HPI
2016 17 JUN	£170,000	£262,677	35% below HPI
2000 29 FEB	£68,000	£93,600	27% below HPI

55 STATION 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 55 STATION ROAD sales between February 2000 and September 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 55 STATION ROAD?

55 STATION ROAD is 88m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 55 STATION ROAD lies on this distribution: 39% of detached houses are smaller than 55 STATION ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Morton.

55 STATION ROAD: Plot and Title Map

55 STATION ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 55 STATION 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 55 STATION 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 55 STATION ROAD?

55 STATION ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 55 on STATION ROAD.