MORLEY LODGE, SHARPES PADDOCK, BICKER, BOSTON, PE20 3DL - £500,000

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.

MORLEY LODGE is a very large detached house of 296m², built sometime between 2003 and 2006, which could now be worth an estimated £602,632. It was last sold for £500,000 in October 2019, which was around 146% above the average October 2019 detached price in the Boston local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

MORLEY LODGE Sold Prices

Land registry data shows two sales for MORLEY LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Boston local authority area for the corresponding sale date. One of the two MORLEY LODGE sales was for above the average price, whilst the other was 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
2019 31 OCT	£500,000	£203,372	146% above HPI
2002 25 SEP	£73,000	£112,690	35% below HPI

MORLEY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The two MORLEY LODGE sales from September 2002 and October 2019 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 September 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2019 sale, where it rises to 146% above the HPI. The line then continues to track at 146% above the HPI.

What might MORLEY LODGE be worth now?

MORLEY LODGE might now be worth an estimated £602,632.

This is based on house price inflation of 20.5%, between October 2019 and June 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for MORLEY LODGE of £500,000 on 31st October 2019. For the value to have increased from £500,000 to £602,632 over the six years and four months to June 2025, the following assumptions must hold true:

• The value of MORLEY LODGE has moved in line with the HPI for detached houses in the Boston local authority area.
• The October 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of MORLEY LODGE has not materially changed since October 2019.

How Large is MORLEY LODGE?

MORLEY LODGE is 296m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Bicker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bicker, and where MORLEY LODGE lies on this distribution: 97% of detached houses houses are smaller than MORLEY LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bicker.

MORLEY LODGE: Plot and Title Map

MORLEY LODGE sits on a plot of roughly 0.328 of an acre, or 1,329m². The below map shows the location of MORLEY LODGE, 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 MORLEY LODGE). 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 MORLEY LODGE?

MORLEY LODGE is located on SHARPES PADDOCK in BICKER, in the PE20 postcode district. The below map shows the position of MORLEY LODGE on SHARPES PADDOCK.