1, ELSEA DRIVE, THURLBY, BOURNE, PE10 0HL - £245,000

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 ELSEA DRIVE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £245,000 in October 2023, which was around 35% below the average October 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

1 ELSEA DRIVE Sold Prices

Land registry data shows four sales for 1 ELSEA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 1 ELSEA DRIVE 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
2023 20 OCT	£245,000	£378,999	35% below HPI
2017 15 MAY	£191,000	£276,172	31% below HPI
2016 1 JUL	£145,000	£266,742	46% below HPI
2006 30 JUN	£58,000	£220,527	74% below HPI

1 ELSEA DRIVE 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 four 1 ELSEA DRIVE sales between June 2006 and October 2023 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 May 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 ELSEA DRIVE?

1 ELSEA DRIVE is 67m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Northorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Northorpe, and where 1 ELSEA DRIVE lies on this distribution: 1% of detached houses are smaller than 1 ELSEA DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Northorpe.

1 ELSEA DRIVE: Plot and Title Map

1 ELSEA DRIVE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 1 ELSEA DRIVE, 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 ELSEA DRIVE). 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 ELSEA DRIVE?

1 ELSEA DRIVE is located in THURLBY, in the PE10 postcode district. The below map shows the position of No. 1 on ELSEA DRIVE.