4, LARKS RISE, MORTON, BOURNE, PE10 0RL - £199,995

4 LARKS RISE is a large extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £199,995 in February 2016, which was around 24% below the average February 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

4 LARKS RISE Sold Prices

Land registry data shows three sales for 4 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 4 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
2016 19 FEB	£199,995	£264,336	24% below HPI
1998 29 JUL	£55,000	£83,842	34% below HPI
1997 20 MAY	£49,000	£76,680	36% below HPI

4 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 4 LARKS RISE sales between May 1997 and February 2016 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 July 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 LARKS RISE?

4 LARKS RISE is 120m², which includes four extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where 4 LARKS RISE lies on this distribution: 70% of detached houses are smaller than 4 LARKS RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Morton.

4 LARKS RISE: Plot and Title Map

4 LARKS RISE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 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 4 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 4 LARKS RISE?

4 LARKS RISE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 4 on LARKS RISE.