15, PICCADILLY WAY, MORTON, BOURNE, PE10 0PE - £158,500

15 PICCADILLY WAY is a very small extended detached house of 69m², built sometime between 1991 and 1995. It was last sold for £158,500 in November 2020, which was around 49% below the average November 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

15 PICCADILLY WAY Sold Prices

Land registry data shows four sales for 15 PICCADILLY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 15 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
2020 4 NOV	£158,500	£312,690	49% below HPI
2005 5 DEC	£135,000	£211,327	36% below HPI
2001 8 JUN	£75,000	£120,875	38% below HPI
1995 3 FEB	£57,500	£69,387	17% below HPI

15 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 four 15 PICCADILLY WAY sales between February 1995 and November 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 December 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 15 PICCADILLY WAY?

15 PICCADILLY WAY is 69m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 15 PICCADILLY WAY lies on this distribution: 12% of detached houses are smaller than 15 PICCADILLY WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Morton.

15 PICCADILLY WAY: Plot and Title Map

15 PICCADILLY WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 15 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 15 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 15 PICCADILLY WAY?

15 PICCADILLY WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 15 on PICCADILLY WAY.