122, STEPHENSON WAY, BOURNE, PE10 9DD - £215,000

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

122 STEPHENSON WAY is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £215,000 in July 2015, which was around 14% below the average July 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

122 STEPHENSON WAY Sold Prices

Land registry data shows two sales for 122 STEPHENSON 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. Both of the two 122 STEPHENSON WAY 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
2015 2 JUL	£215,000	£250,740	14% below HPI
2005 28 OCT	£194,000	£218,236	11% below HPI

122 STEPHENSON 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 122 STEPHENSON WAY sales from October 2005 and July 2015 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 122 STEPHENSON WAY?

122 STEPHENSON WAY is 119m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 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 122 STEPHENSON WAY lies on this distribution: 63% of detached houses are smaller than 122 STEPHENSON WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Bourne.

122 STEPHENSON WAY: Plot and Title Map

122 STEPHENSON WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 122 STEPHENSON 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 122 STEPHENSON 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 122 STEPHENSON WAY?

122 STEPHENSON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 122 on STEPHENSON WAY.