15, CHERRY HOLT ROAD, BOURNE, PE10 9LA - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 CHERRY HOLT ROAD is a very large detached house of 175m², built sometime between 1976 and 1982, which could now be worth an estimated £390,889. It was last sold for £405,000 in October 2022, which was around 7% above the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

15 CHERRY HOLT ROAD Sold Prices

Land registry data shows two sales for 15 CHERRY HOLT ROAD 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 CHERRY HOLT ROAD sales were for above 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 31 OCT	£405,000	£379,763	7% above HPI
2016 22 JUL	£299,950	£262,350	14% above HPI

15 CHERRY HOLT ROAD 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 CHERRY HOLT ROAD sales from July 2016 and October 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 July 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 CHERRY HOLT ROAD be worth now?

15 CHERRY HOLT ROAD might now be worth an estimated £390,889.

This is based on house price deflation of 3.5%, between October 2022 and March 2025, 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 3.5% deflationary decrease is applied to the most recent sale price for 15 CHERRY HOLT ROAD of £405,000 on 31st October 2022. For the value to have decreased from £405,000 to £390,889 over the three years and seven months to March 2025, the following assumptions must hold true:

• The value of 15 CHERRY HOLT ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY HOLT ROAD has not materially changed since October 2022.

How Large is 15 CHERRY HOLT ROAD?

15 CHERRY HOLT ROAD is 175m² according to the EPC inspection conducted in January 2016. This puts it in the largest 10% 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 15 CHERRY HOLT ROAD lies on this distribution: 93% of detached houses houses are smaller than 15 CHERRY HOLT ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 CHERRY HOLT ROAD: Plot and Title Map

15 CHERRY HOLT ROAD sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 15 CHERRY HOLT ROAD, 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 CHERRY HOLT ROAD). 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 CHERRY HOLT ROAD?

15 CHERRY HOLT ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 15 on CHERRY HOLT ROAD.