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
18 DRUMMOND ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £205,000 in October 2020, which was around 34% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 18 DRUMMOND ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 18 DRUMMOND ROAD 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 |
---|---|---|---|
2020 16 OCT | £205,000 | £308,927 | 34% below HPI |
2015 27 NOV | £170,000 | £258,421 | 34% below HPI |
2006 20 MAR | £156,000 | £216,845 | 28% below HPI |
2005 24 MAR | £132,000 | £201,689 | 35% below HPI |
2004 27 FEB | £141,000 | £187,515 | 25% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 18 DRUMMOND ROAD sales between February 2004 and October 2020 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 November 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2020 sale, which was also at 34% below the HPI.
18 DRUMMOND ROAD is 64m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 18 DRUMMOND ROAD lies on this distribution: 5% of detached houses are smaller than 18 DRUMMOND ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bourne.
18 DRUMMOND ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 18 DRUMMOND ROAD, 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 18 DRUMMOND ROAD). 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.
18 DRUMMOND ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 18 on DRUMMOND ROAD.