38, WATERLOO DRIVE, MORTON, BOURNE, PE10 0PJ - £139,995

38 WATERLOO DRIVE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £139,995 in May 2009, which was around 31% below the average May 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

38 WATERLOO DRIVE Sold Prices

Land registry data shows four sales for 38 WATERLOO DRIVE 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 38 WATERLOO DRIVE 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
2009 1 MAY	£139,995	£202,246	31% below HPI
2006 9 FEB	£143,500	£212,912	33% below HPI
2001 20 DEC	£86,000	£122,322	30% below HPI
1997 26 FEB	£59,500	£73,653	19% below HPI

38 WATERLOO DRIVE 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 38 WATERLOO DRIVE sales between February 1997 and May 2009 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 February 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2009 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 WATERLOO DRIVE?

38 WATERLOO DRIVE is 70m² according to the EPC inspection conducted in November 2008. 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 38 WATERLOO DRIVE lies on this distribution: 14% of detached houses are smaller than 38 WATERLOO DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Morton.

38 WATERLOO DRIVE: Plot and Title Map

38 WATERLOO DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 38 WATERLOO DRIVE, 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 38 WATERLOO DRIVE). 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 38 WATERLOO DRIVE?

38 WATERLOO DRIVE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 38 on WATERLOO DRIVE.