2, CHEPSTOW DRIVE, BOURNE, PE10 0RX - £348,000

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

2 CHEPSTOW DRIVE is a large detached house of 139m², built sometime between 2007 and 2011. It was last sold for £348,000 in March 2022, which was around 3% below the average March 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

2 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 2 CHEPSTOW DRIVE 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. One of the two 2 CHEPSTOW DRIVE sales was for below the average price, whilst the other was roughly equal to 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 2 MAR	£348,000	£358,843	3% below HPI
2013 27 SEP	£233,000	£233,859	Close to HPI

2 CHEPSTOW DRIVE 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 2 CHEPSTOW DRIVE sales from September 2013 and March 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 September 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 CHEPSTOW DRIVE?

2 CHEPSTOW DRIVE is 139m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 2 CHEPSTOW DRIVE lies on this distribution: 78% of detached houses are smaller than 2 CHEPSTOW DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 CHEPSTOW DRIVE: Plot and Title Map

2 CHEPSTOW DRIVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 CHEPSTOW DRIVE, 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 2 CHEPSTOW DRIVE). 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 2 CHEPSTOW DRIVE?

2 CHEPSTOW DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on CHEPSTOW DRIVE.