15, WINGATE WAY, BOURNE, PE10 9YL - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 WINGATE WAY is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £255,000 in July 2012, which was around 18% above the average July 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

15 WINGATE WAY Sold Prices

Land registry data shows three sales for 15 WINGATE 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 WINGATE WAY 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
2012 13 JUL	£255,000	£216,916	18% above HPI
2007 31 JAN	£275,000	£225,796	22% above HPI
1999 23 JUN	£116,000	£88,159	32% above HPI

15 WINGATE 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 WINGATE WAY sales between June 1999 and July 2012 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 January 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2012 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 15 WINGATE WAY be worth now?

15 WINGATE WAY might now be worth an estimated £433,005.

This is based on house price inflation of 69.8%, between July 2012 and December 2024, 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 69.8% inflationary increase is applied to the most recent sale price for 15 WINGATE WAY of £255,000 on 13th July 2012. For the value to have increased from £255,000 to £433,005 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 WINGATE WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2012 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WINGATE WAY has not materially changed since July 2012.

How Large is 15 WINGATE WAY?

15 WINGATE WAY is 158m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% 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 WINGATE WAY lies on this distribution: 89% of detached houses houses are smaller than 15 WINGATE WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 WINGATE WAY: Plot and Title Map

15 WINGATE WAY sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 15 WINGATE 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 WINGATE 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 WINGATE WAY?

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