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 WILLOUGHBY ROAD is a very small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £243,000 in November 2022, which was around 36% below the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 1 WILLOUGHBY ROAD since 1st 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 WILLOUGHBY ROAD 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 |
---|---|---|---|
2022 25 NOV | £243,000 | £381,399 | 36% below HPI |
2021 8 DEC | £235,000 | £349,401 | 33% below HPI |
2017 24 NOV | £180,000 | £289,662 | 38% below HPI |
2010 12 NOV | £117,250 | £221,937 | 47% 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 four 1 WILLOUGHBY ROAD sales between November 2010 and November 2022 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 December 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
1 WILLOUGHBY ROAD is 83m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 WILLOUGHBY ROAD lies on this distribution: 17% of detached houses are smaller than 1 WILLOUGHBY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Bourne.
1 WILLOUGHBY ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 1 WILLOUGHBY ROAD, 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 WILLOUGHBY ROAD). 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 WILLOUGHBY ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 1 on WILLOUGHBY ROAD.