8, FORD LANE, MORTON, BOURNE, PE10 0RQ - £245,000

8 FORD LANE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £245,000 in June 2016, which was around 7% below the average June 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

8 FORD LANE Sold Prices

Land registry data shows five sales for 8 FORD LANE 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. The five 8 FORD LANE sales were a mix of below the average price, and roughly equal to 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 16 JUN	£245,000	£262,677	7% below HPI
2009 22 DEC	£205,000	£216,566	5% below HPI
2007 18 OCT	£247,000	£247,133	Close to HPI
2005 15 SEP	£190,000	£216,587	12% below HPI
1998 14 AUG	£56,000	£84,887	34% below HPI

8 FORD LANE 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 8 FORD LANE sales between August 1998 and June 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 December 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 FORD LANE?

8 FORD LANE is 129m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 8 FORD LANE lies on this distribution: 76% of detached houses are smaller than 8 FORD LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Morton.

8 FORD LANE: Plot and Title Map

8 FORD LANE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 8 FORD LANE, 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 8 FORD LANE). 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 8 FORD LANE?

8 FORD LANE is located in MORTON, in the PE10 postcode district. The below map shows the position of No. 8 on FORD LANE.