THE FARMSTEAD, HIGH STREET, MORTON, BOURNE, PE10 0NR - £495,000

THE FARMSTEAD is a very large extended detached house of 242m², built sometime before 1900. It was last sold for £495,000 in December 2020, which was around 55% above the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

THE FARMSTEAD Sold Prices

Land registry data shows three sales for THE FARMSTEAD 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 THE FARMSTEAD 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
2020 18 DEC	£495,000	£318,969	55% above HPI
2015 2 FEB	£375,000	£236,722	58% above HPI
1997 19 NOV	£149,000	£82,892	80% above HPI

THE FARMSTEAD 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 THE FARMSTEAD sales between November 1997 and December 2020 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 February 2015 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2020 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE FARMSTEAD?

THE FARMSTEAD is 242m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Morton, based on EPC data. The below chart shows the distribution of detached houses by size in Morton, and where THE FARMSTEAD lies on this distribution: 95% of detached houses are smaller than THE FARMSTEAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Morton.

THE FARMSTEAD: Plot and Title Map

THE FARMSTEAD sits on a plot of roughly 0.278 of an acre, or 1,126m². The below map shows the location of THE FARMSTEAD, 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 THE FARMSTEAD). 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 THE FARMSTEAD?

THE FARMSTEAD is located on HIGH STREET in MORTON, in the PE10 postcode district. The below map shows the position of THE FARMSTEAD on HIGH STREET.