17, WATER LANE, BOURNE, PE10 0QP - £189,000

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

17 WATER LANE is a very small detached house of 78m², built sometime between 2007 and 2011. It was last sold for £189,000 in June 2017, which was around 33% below the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

17 WATER LANE Sold Prices

Land registry data shows three sales for 17 WATER LANE 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 17 WATER LANE 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
2017 30 JUN	£189,000	£282,729	33% below HPI
2014 19 SEP	£158,000	£235,646	33% below HPI
2010 18 NOV	£159,995	£221,937	28% below HPI

17 WATER LANE 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 17 WATER LANE sales between November 2010 and June 2017 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, which was also at 33% below the HPI.

How Large is 17 WATER LANE?

17 WATER LANE is 78m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 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 17 WATER LANE lies on this distribution: 13% of detached houses are smaller than 17 WATER LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bourne.

17 WATER LANE: Plot and Title Map

17 WATER LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 17 WATER LANE, 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 17 WATER LANE). 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 17 WATER LANE?

17 WATER LANE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 17 on WATER LANE.