1, CHESTNUT WAY, BOURNE, PE10 9RX - £252,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHESTNUT WAY is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £252,500 in November 2017, which was around 13% below the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

1 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 1 CHESTNUT WAY 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. Two of the three 1 CHESTNUT WAY sales were for below the average price, whilst one was 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
2017 13 NOV	£252,500	£289,662	13% below HPI
2000 14 JUL	£111,100	£108,268	3% above HPI
1996 29 JUL	£68,000	£73,113	7% below HPI

1 CHESTNUT WAY 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 1 CHESTNUT WAY sales between July 1996 and November 2017 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 July 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 CHESTNUT WAY?

1 CHESTNUT WAY is 123m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 1 CHESTNUT WAY lies on this distribution: 68% of detached houses are smaller than 1 CHESTNUT WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Bourne.

1 CHESTNUT WAY: Plot and Title Map

1 CHESTNUT WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 CHESTNUT WAY, 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 1 CHESTNUT WAY). 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 1 CHESTNUT WAY?

1 CHESTNUT WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 1 on CHESTNUT WAY.