16, NEWMARKET AVENUE, BOURNE, PE10 0WT - £340,000

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

16 NEWMARKET AVENUE is a midsized detached house of 116m². It was last sold for £340,000 in September 2022, which was around 11% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

16 NEWMARKET AVENUE Sold Prices

Land registry data shows three sales for 16 NEWMARKET AVENUE 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 16 NEWMARKET AVENUE 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
2022 7 SEP	£340,000	£383,801	11% below HPI
2016 11 MAR	£200,000	£259,840	23% below HPI
2014 5 SEP	£200,000	£235,646	15% below HPI

16 NEWMARKET AVENUE 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 16 NEWMARKET AVENUE sales between September 2014 and September 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 March 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 NEWMARKET AVENUE?

16 NEWMARKET AVENUE is 116m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 16 NEWMARKET AVENUE lies on this distribution: 59% of detached houses are smaller than 16 NEWMARKET AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bourne.

16 NEWMARKET AVENUE: Plot and Title Map

16 NEWMARKET AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 16 NEWMARKET AVENUE, 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 NEWMARKET AVENUE). 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 NEWMARKET AVENUE?

16 NEWMARKET AVENUE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 16 on NEWMARKET AVENUE.