16, VICTORIA PLACE, BOURNE, PE10 9LJ - £315,000

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 VICTORIA PLACE is a very large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £315,000 in December 2023, which was around 14% below the average December 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

16 VICTORIA PLACE Sold Prices

Land registry data shows four sales for 16 VICTORIA PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 16 VICTORIA PLACE 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
2023 11 DEC	£315,000	£367,855	14% below HPI
2022 5 SEP	£230,000	£383,801	40% below HPI
2022 26 AUG	£178,500	£374,762	52% below HPI
1996 19 JUL	£74,500	£73,113	2% above HPI

16 VICTORIA PLACE 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 four 16 VICTORIA PLACE sales between July 1996 and December 2023 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 September 2022 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 VICTORIA PLACE?

16 VICTORIA PLACE is 157m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% 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 VICTORIA PLACE lies on this distribution: 88% of detached houses are smaller than 16 VICTORIA PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bourne.

16 VICTORIA PLACE: Plot and Title Map

16 VICTORIA PLACE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 16 VICTORIA PLACE, 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 VICTORIA PLACE). 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 VICTORIA PLACE?

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