8, THE PADDOCK, MORTON, BOURNE, PE10 0NY - £418,000

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 THE PADDOCK is a very large extended detached house of 163m², built sometime between 1991 and 1995, which could now be worth an estimated £410,737. It was last sold for £418,000 in December 2022, which was around 11% above the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

8 THE PADDOCK Sold Prices

Land registry data shows three sales for 8 THE PADDOCK 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 8 THE PADDOCK sales were for above 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
2022 9 DEC	£418,000	£374,956	11% above HPI
2004 29 JUN	£250,000	£190,693	31% above HPI
2001 26 APR	£157,000	£115,097	36% above HPI

8 THE PADDOCK 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 8 THE PADDOCK sales between April 2001 and December 2022 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 June 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 THE PADDOCK be worth now?

8 THE PADDOCK might now be worth an estimated £410,737.

This is based on house price deflation of 1.7%, between December 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 8 THE PADDOCK of £418,000 on 9th December 2022. For the value to have decreased from £418,000 to £410,737 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 8 THE PADDOCK has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2022 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE PADDOCK has not materially changed since December 2022.

How Large is 8 THE PADDOCK?

8 THE PADDOCK is 163m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 8 THE PADDOCK lies on this distribution: 84% of detached houses houses are smaller than 8 THE PADDOCK, and 16% of houses are larger. Note that EPC data is not available for all properties in Morton.

8 THE PADDOCK: Plot and Title Map

8 THE PADDOCK sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 8 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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