16, ELSEA PARK WAY, BOURNE, PE10 0QT - £189,000

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

16 ELSEA PARK WAY is a midsized detached house of 114m², built sometime from 2007 onwards. It was last sold for £189,000 in August 2016, which was around 28% below the average August 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

16 ELSEA PARK WAY Sold Prices

Land registry data shows two sales for 16 ELSEA PARK WAY 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 16 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
2016 26 AUG	£189,000	£263,781	28% below HPI
2007 29 JUN	£173,950	£233,094	25% below HPI

16 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 two 16 ELSEA PARK WAY sales from June 2007 and August 2016 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 ELSEA PARK WAY be worth now?

16 ELSEA PARK WAY might now be worth an estimated £263,914.

This is based on house price inflation of 39.6%, between August 2016 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 39.6% inflationary increase is applied to the most recent sale price for 16 ELSEA PARK WAY of £189,000 on 26th August 2016. For the value to have increased from £189,000 to £263,914 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 ELSEA PARK WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2016 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELSEA PARK WAY has not materially changed since August 2016.

How Large is 16 ELSEA PARK WAY?

16 ELSEA PARK WAY is 114m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 16 ELSEA PARK WAY lies on this distribution: 55% of detached houses houses are smaller than 16 ELSEA PARK WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bourne.

16 ELSEA PARK WAY: Plot and Title Map

16 ELSEA PARK WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 16 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 16 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 16 ELSEA PARK WAY?

16 ELSEA PARK WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 16 on ELSEA PARK WAY.