2, NEEDHAM ROAD, MORTON, BOURNE, PE10 0XP - £285,000

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.

2 NEEDHAM ROAD is a detached house, which could now be worth an estimated £295,906. It was last sold for £285,000 in March 2022, which was around 19% below the average March 2022 detached price in the South Kesteven local authority area.

2 NEEDHAM ROAD Sold Prices

Land registry data shows two sales for 2 NEEDHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 2 NEEDHAM ROAD 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
2022 25 MAR	£285,000	£352,935	19% below HPI
1998 13 FEB	£73,577	£80,590	9% below HPI

What might 2 NEEDHAM ROAD be worth now?

2 NEEDHAM ROAD might now be worth an estimated £295,906.

This is based on house price inflation of 3.8%, between March 2022 and May 2026, 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 3.8% inflationary increase is applied to the most recent sale price for 2 NEEDHAM ROAD of £285,000 on 25th March 2022. For the value to have increased from £285,000 to £295,906 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 NEEDHAM ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEEDHAM ROAD has not materially changed since March 2022.

Where is 2 NEEDHAM ROAD?

2 NEEDHAM ROAD is located in MORTON, in the PE10 postcode district.