9, NEEDHAM ROAD, MORTON, BOURNE, PE10 0XP - £265,000

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

9 NEEDHAM ROAD is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £265,000 in July 2023, which was around 29% below the average July 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

9 NEEDHAM ROAD Sold Prices

Land registry data shows five sales for 9 NEEDHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 9 NEEDHAM 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 20 JUL	£265,000	£371,493	29% below HPI
2015 23 SEP	£170,000	£251,056	32% below HPI
2007 2 MAR	£158,900	£233,679	32% below HPI
2002 23 APR	£112,500	£132,625	15% below HPI
1998 15 MAY	£57,995	£83,115	30% below HPI

9 NEEDHAM 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 five 9 NEEDHAM ROAD sales between May 1998 and July 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 9 NEEDHAM ROAD?

9 NEEDHAM ROAD is 75m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 NEEDHAM ROAD lies on this distribution: 16% of detached houses are smaller than 9 NEEDHAM ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Morton.

9 NEEDHAM ROAD: Plot and Title Map

9 NEEDHAM ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 9 NEEDHAM 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 9 NEEDHAM 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 9 NEEDHAM ROAD?

9 NEEDHAM ROAD is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 9 on NEEDHAM ROAD.