18, MOORGATE CLOSE, MORTON, BOURNE, PE10 0PT - £176,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 MOORGATE CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £240,901. It was last sold for £176,000 in February 2017, which was around 35% below the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

18 MOORGATE CLOSE Sold Prices

Land registry data shows five sales for 18 MOORGATE CLOSE 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 18 MOORGATE CLOSE 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
2017 17 FEB	£176,000	£269,179	35% below HPI
2002 31 OCT	£100,000	£153,056	35% below HPI
2001 18 APR	£72,000	£115,097	37% below HPI
1998 4 SEP	£58,500	£85,748	32% below HPI
1995 13 DEC	£51,950	£69,386	25% below HPI

18 MOORGATE CLOSE 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 18 MOORGATE CLOSE sales between December 1995 and February 2017 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 October 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2017 sale, which was also at 35% below the HPI.

What might 18 MOORGATE CLOSE be worth now?

18 MOORGATE CLOSE might now be worth an estimated £240,901.

This is based on house price inflation of 36.9%, between February 2017 and June 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.9% inflationary increase is applied to the most recent sale price for 18 MOORGATE CLOSE of £176,000 on 17th February 2017. For the value to have increased from £176,000 to £240,901 over the seven years and eight months to June 2025, the following assumptions must hold true:

• The value of 18 MOORGATE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2017 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MOORGATE CLOSE has not materially changed since February 2017.

How Large is 18 MOORGATE CLOSE?

18 MOORGATE CLOSE is 74m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses houses in Morton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morton, and where 18 MOORGATE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 18 MOORGATE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Morton.

18 MOORGATE CLOSE: Plot and Title Map

18 MOORGATE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 18 MOORGATE CLOSE, 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 18 MOORGATE CLOSE). 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 18 MOORGATE CLOSE?

18 MOORGATE CLOSE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 18 on MOORGATE CLOSE.