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 FOREST AVENUE is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £218,000 in December 2013, which was around 6% below the average December 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 FOREST AVENUE since 1st 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 1 FOREST AVENUE 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 |
---|---|---|---|
2013 12 DEC | £218,000 | £231,650 | 6% below HPI |
2008 31 OCT | £155,000 | £224,257 | 31% below HPI |
2004 30 JUL | £175,000 | £201,007 | 13% below HPI |
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 FOREST AVENUE sales between July 2004 and December 2013 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 October 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 FOREST AVENUE is 107m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% 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 FOREST AVENUE lies on this distribution: 46% of detached houses are smaller than 1 FOREST AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bourne.
1 FOREST AVENUE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 1 FOREST AVENUE, 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 FOREST AVENUE). 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.
1 FOREST AVENUE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 1 on FOREST AVENUE.