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
12 STRATFORD PLACE is a very small detached house of 85m². It was last sold for £272,500 in January 2022, which was around 22% 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.
Land registry data shows two sales for 12 STRATFORD PLACE since 1st 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 | £350,189 | 22% below HPI |
2018 13 DEC | £249,995 | £300,571 | 17% 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 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
12 STRATFORD PLACE is 85m² according to the EPC inspection conducted in November 2018. 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 12 STRATFORD PLACE lies on this distribution: 19% of detached 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 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.
12 STRATFORD PLACE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 12 on STRATFORD PLACE.