12, STRATFORD PLACE, BOURNE, PE10 0YS - £272,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 STRATFORD PLACE is a very small detached house of 85m². It was last sold for £272,500 in January 2022, which was around 21% below the average January 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

12 STRATFORD PLACE Sold Prices

Land registry data shows two sales for 12 STRATFORD PLACE 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 12 STRATFORD PLACE 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 14 JAN	£272,500	£344,424	21% below HPI
2018 13 DEC	£249,995	£295,622	15% below HPI

12 STRATFORD PLACE 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 12 STRATFORD PLACE sales from December 2018 and January 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 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 STRATFORD PLACE be worth now?

12 STRATFORD PLACE might now be worth an estimated £291,419.

This is based on house price inflation of 6.9%, between January 2022 and December 2024, 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 6.9% inflationary increase is applied to the most recent sale price for 12 STRATFORD PLACE of £272,500 on 14th January 2022. For the value to have increased from £272,500 to £291,419 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 12 STRATFORD PLACE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2022 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 12 STRATFORD PLACE has not materially changed since January 2022.

How Large is 12 STRATFORD PLACE?

12 STRATFORD PLACE is 85m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 12 STRATFORD PLACE lies on this distribution: 19% of detached houses houses are smaller than 12 STRATFORD PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bourne.

12 STRATFORD PLACE: Plot and Title Map

12 STRATFORD PLACE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 12 STRATFORD PLACE, 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 12 STRATFORD PLACE). 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 12 STRATFORD PLACE?

12 STRATFORD PLACE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 12 on STRATFORD PLACE.