4, WHEELWRIGHT CLOSE, MORTON, BOURNE, PE10 0XQ - £245,000

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.

4 WHEELWRIGHT CLOSE is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £278,420. It was last sold for £245,000 in September 2021, which was around 24% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

4 WHEELWRIGHT CLOSE Sold Prices

Land registry data shows four sales for 4 WHEELWRIGHT CLOSE 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 4 WHEELWRIGHT 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
2021 29 SEP	£245,000	£324,215	24% below HPI
2003 6 AUG	£143,000	£177,998	20% below HPI
2000 29 MAR	£82,995	£93,627	11% below HPI
1998 19 AUG	£72,500	£83,490	13% below HPI

4 WHEELWRIGHT 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 four 4 WHEELWRIGHT CLOSE sales between August 1998 and September 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 August 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 WHEELWRIGHT CLOSE be worth now?

4 WHEELWRIGHT CLOSE might now be worth an estimated £278,420.

This is based on house price inflation of 13.6%, between September 2021 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 13.6% inflationary increase is applied to the most recent sale price for 4 WHEELWRIGHT CLOSE of £245,000 on 29th September 2021. For the value to have increased from £245,000 to £278,420 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 4 WHEELWRIGHT CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WHEELWRIGHT CLOSE has not materially changed since September 2021.

How Large is 4 WHEELWRIGHT CLOSE?

4 WHEELWRIGHT CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 4 WHEELWRIGHT CLOSE lies on this distribution: 30% of detached houses houses are smaller than 4 WHEELWRIGHT CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Morton.

4 WHEELWRIGHT CLOSE: Plot and Title Map

4 WHEELWRIGHT CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 WHEELWRIGHT 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 4 WHEELWRIGHT 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 4 WHEELWRIGHT CLOSE?

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