15, CEDAR DRIVE, BOURNE, PE10 9SQ - £260,000

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

15 CEDAR DRIVE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £260,000 in July 2017, which was around 9% below the average July 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

15 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 15 CEDAR DRIVE 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 15 CEDAR DRIVE 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
2017 28 JUL	£260,000	£284,275	9% below HPI
2016 16 DEC	£176,000	£272,264	35% below HPI

15 CEDAR DRIVE 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 15 CEDAR DRIVE sales from December 2016 and July 2017 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 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 15 CEDAR DRIVE?

15 CEDAR DRIVE is 90m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 15 CEDAR DRIVE lies on this distribution: 26% of detached houses are smaller than 15 CEDAR DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 CEDAR DRIVE: Plot and Title Map

15 CEDAR DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 15 CEDAR DRIVE, 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 15 CEDAR DRIVE). 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 15 CEDAR DRIVE?

15 CEDAR DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 15 on CEDAR DRIVE.