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
9 EAST LANE is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £205,000 in May 2014, which was around 10% below the average May 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 9 EAST LANE since 1st 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. One of the two 9 EAST LANE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2014 27 MAY | £205,000 | £226,638 | 10% below HPI |
2001 14 AUG | £159,995 | £122,880 | 30% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 9 EAST LANE sales from August 2001 and May 2014 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 August 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
9 EAST LANE is 129m² according to the EPC inspection conducted in January 2010. This puts it in the largest 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 9 EAST LANE lies on this distribution: 77% of detached houses are smaller than 9 EAST LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Morton.
9 EAST LANE sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of 9 EAST LANE, 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 9 EAST LANE). 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.
9 EAST LANE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 9 on EAST LANE.