15, ELSEA PARK WAY, BOURNE, PE10 0QT - £225,000

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 ELSEA PARK WAY is a small detached house of 86m², built sometime from 2007 onwards. It was last sold for £225,000 in March 2018, which was around 25% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

15 ELSEA PARK WAY Sold Prices

Land registry data shows three sales for 15 ELSEA PARK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 15 ELSEA PARK 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
2018 29 MAR	£225,000	£298,432	25% below HPI
2015 24 APR	£154,000	£236,848	35% below HPI
2007 27 JUN	£184,950	£236,995	22% below HPI

15 ELSEA PARK 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 three 15 ELSEA PARK WAY sales between June 2007 and March 2018 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 April 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 ELSEA PARK WAY?

15 ELSEA PARK WAY is 86m² according to the EPC inspection conducted in September 2014. 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 ELSEA PARK WAY lies on this distribution: 21% of detached houses are smaller than 15 ELSEA PARK WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 ELSEA PARK WAY: Plot and Title Map

15 ELSEA PARK WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 15 ELSEA PARK 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 15 ELSEA PARK 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 15 ELSEA PARK WAY?

15 ELSEA PARK WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 15 on ELSEA PARK WAY.