11, WATER LANE, BOURNE, PE10 0QP - £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

11 WATER LANE is a small detached house of 98m². It was last sold for £245,000 in May 2018, which was around 17% below the average May 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

11 WATER LANE Sold Prices

Land registry data shows two sales for 11 WATER LANE 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. Both of the two 11 WATER LANE 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
2018 11 MAY	£245,000	£295,828	17% below HPI
2010 23 DEC	£166,995	£221,349	25% below HPI

11 WATER LANE 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 11 WATER LANE sales from December 2010 and May 2018 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 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 WATER LANE?

11 WATER LANE is 98m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 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 11 WATER LANE lies on this distribution: 40% of detached houses are smaller than 11 WATER LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bourne.

11 WATER LANE: Plot and Title Map

11 WATER LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 11 WATER LANE, 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 11 WATER LANE). 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 11 WATER LANE?

11 WATER LANE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 11 on WATER LANE.