7, PADDINGTON WAY, MORTON, BOURNE, PE10 0PS - £222,000

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

7 PADDINGTON WAY is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £222,000 in February 2020, which was around 26% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2024, where the current energy rating was B, and the potential energy rating was A.

7 PADDINGTON WAY Sold Prices

Land registry data shows seven sales for 7 PADDINGTON WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the seven 7 PADDINGTON 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
2020 14 FEB	£222,000	£298,901	26% below HPI
2014 26 SEP	£164,000	£235,646	30% below HPI
2002 19 JUL	£125,500	£145,333	14% below HPI
2000 13 OCT	£87,000	£109,645	21% below HPI
1999 1 APR	£71,500	£89,617	20% below HPI
1997 2 DEC	£65,000	£83,390	22% below HPI
1995 28 JUL	£59,500	£71,453	17% below HPI

7 PADDINGTON 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 seven 7 PADDINGTON WAY sales between July 1995 and February 2020 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 PADDINGTON WAY?

7 PADDINGTON WAY is 100m² according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 7 PADDINGTON WAY lies on this distribution: 55% of detached houses are smaller than 7 PADDINGTON WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Morton.

7 PADDINGTON WAY: Plot and Title Map

7 PADDINGTON WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 PADDINGTON 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 7 PADDINGTON 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 7 PADDINGTON WAY?

7 PADDINGTON WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 7 on PADDINGTON WAY.