15, ROWAN WAY, BOURNE, PE10 9SB - £185,000

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 ROWAN WAY is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £185,000 in July 2014, which was around 18% below the average July 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

15 ROWAN WAY Sold Prices

Land registry data shows three sales for 15 ROWAN 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 ROWAN 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
2014 11 JUL	£185,000	£226,163	18% below HPI
2001 28 JUN	£102,500	£120,875	15% below HPI
1996 29 NOV	£58,500	£73,785	21% below HPI

15 ROWAN 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 ROWAN WAY sales between November 1996 and July 2014 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 June 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 ROWAN WAY?

15 ROWAN WAY is 100m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% 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 ROWAN WAY lies on this distribution: 41% of detached houses are smaller than 15 ROWAN WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 ROWAN WAY: Plot and Title Map

15 ROWAN WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 ROWAN 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 ROWAN 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 ROWAN WAY?

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