16, LARKS RISE, MORTON, BOURNE, PE10 0RL - £185,000

16 LARKS RISE is a midsized detached house of 91m², built sometime between 1983 and 1990. It was last sold for £185,000 in July 2021, which was around 44% below the average July 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

16 LARKS RISE Sold Prices

Land registry data shows three sales for 16 LARKS RISE 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 16 LARKS RISE 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 9 JUL	£185,000	£328,260	44% below HPI
2015 1 MAY	£148,000	£239,807	38% below HPI
2007 8 JUN	£155,000	£236,995	35% below HPI

16 LARKS RISE 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 16 LARKS RISE sales between June 2007 and July 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 May 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 LARKS RISE?

16 LARKS RISE is 91m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 16 LARKS RISE lies on this distribution: 42% of detached houses are smaller than 16 LARKS RISE, and 58% of houses are larger. Note that EPC data is not available for all properties in Morton.

16 LARKS RISE: Plot and Title Map

16 LARKS RISE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 16 LARKS RISE, 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 16 LARKS RISE). 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 16 LARKS RISE?

16 LARKS RISE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 16 on LARKS RISE.