2, PICCADILLY WAY, MORTON, BOURNE, PE10 0PE - £228,000

2 PICCADILLY WAY is a midsized detached house of 99m², built sometime between 1991 and 1995. It was last sold for £228,000 in June 2019, which was around 23% below the average June 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

2 PICCADILLY WAY Sold Prices

Land registry data shows six sales for 2 PICCADILLY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 2 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
2019 21 JUN	£228,000	£297,485	23% below HPI
2015 29 MAY	£179,000	£239,807	25% below HPI
2004 12 MAR	£155,000	£188,092	18% below HPI
2003 16 MAY	£147,000	£171,876	14% below HPI
2003 28 MAR	£144,500	£165,958	13% below HPI
1996 26 APR	£89,950	£68,232	32% above HPI

2 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 six 2 PICCADILLY WAY sales between April 1996 and June 2019 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 PICCADILLY WAY?

2 PICCADILLY WAY is 99m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 2 PICCADILLY WAY lies on this distribution: 53% of detached houses are smaller than 2 PICCADILLY WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Morton.

2 PICCADILLY WAY: Plot and Title Map

2 PICCADILLY WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 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 2 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 2 PICCADILLY WAY?

2 PICCADILLY WAY is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 2 on PICCADILLY WAY.