1, LAWRANCE WAY, THURLBY, BOURNE, PE10 0HU - £267,500

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.

1 LAWRANCE WAY is a midsized extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £427,915. It was last sold for £267,500 in August 2014, which was around 17% above the average August 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 LAWRANCE WAY Sold Prices

Land registry data shows two sales for 1 LAWRANCE WAY 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. One of the two 1 LAWRANCE WAY sales was for above the average price, whilst the other was 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
2014 22 AUG	£267,500	£227,957	17% above HPI
2013 17 MAY	£172,000	£209,168	18% below HPI

1 LAWRANCE 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 two 1 LAWRANCE WAY sales from May 2013 and August 2014 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 LAWRANCE WAY be worth now?

1 LAWRANCE WAY might now be worth an estimated £427,915.

This is based on house price inflation of 60%, between August 2014 and February 2025, 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 60% inflationary increase is applied to the most recent sale price for 1 LAWRANCE WAY of £267,500 on 22nd August 2014. For the value to have increased from £267,500 to £427,915 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 LAWRANCE WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2014 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LAWRANCE WAY has not materially changed since August 2014.

How Large is 1 LAWRANCE WAY?

1 LAWRANCE WAY is 116m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses houses in Northorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northorpe, and where 1 LAWRANCE WAY lies on this distribution: 46% of detached houses houses are smaller than 1 LAWRANCE WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Northorpe.

1 LAWRANCE WAY: Plot and Title Map

1 LAWRANCE WAY sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 1 LAWRANCE 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 LAWRANCE 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 LAWRANCE WAY?

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