8, MOORGATE CLOSE, MORTON, BOURNE, PE10 0PT - £159,000

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.

8 MOORGATE CLOSE is a very small semi-detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £169,236. It was last sold for £159,000 in January 2024, which was around 29% below the average January 2024 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

8 MOORGATE CLOSE Sold Prices

Land registry data shows four sales for 8 MOORGATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 8 MOORGATE 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
2024 12 JAN	£159,000	£225,280	29% below HPI
2007 24 JAN	£118,000	£146,850	20% below HPI
2001 23 OCT	£55,000	£70,098	22% below HPI
1997 4 APR	£38,138	£45,135	16% below HPI

8 MOORGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 8 MOORGATE CLOSE sales between April 1997 and January 2024 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 MOORGATE CLOSE be worth now?

8 MOORGATE CLOSE might now be worth an estimated £169,236.

This is based on house price inflation of 6.4%, between January 2024 and April 2026, for semi-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 6.4% inflationary increase is applied to the most recent sale price for 8 MOORGATE CLOSE of £159,000 on 12th January 2024. For the value to have increased from £159,000 to £169,236 over the one year and nine months to April 2026, the following assumptions must hold true:

• The value of 8 MOORGATE CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The January 2024 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MOORGATE CLOSE has not materially changed since January 2024.

How Large is 8 MOORGATE CLOSE?

8 MOORGATE CLOSE is 54m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in Morton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morton, and where 8 MOORGATE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 8 MOORGATE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Morton.

8 MOORGATE CLOSE: Plot and Title Map

8 MOORGATE CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 8 MOORGATE 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 8 MOORGATE 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 8 MOORGATE CLOSE?

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