2, ELSEA PARK WAY, BOURNE, PE10 0QT - £260,000

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 ELSEA PARK WAY is a midsized extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £260,000 in February 2022, which was around 26% below the average February 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 ELSEA PARK WAY Sold Prices

Land registry data shows four sales for 2 ELSEA PARK WAY 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. All of the four 2 ELSEA PARK WAY 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 18 FEB	£260,000	£352,660	26% below HPI
2010 9 APR	£161,000	£208,027	23% below HPI
2009 21 DEC	£155,000	£216,566	28% below HPI
2003 28 NOV	£161,950	£185,272	13% below HPI

2 ELSEA PARK WAY 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 2 ELSEA PARK WAY sales between November 2003 and February 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 April 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ELSEA PARK WAY?

2 ELSEA PARK WAY is 103m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 ELSEA PARK WAY lies on this distribution: 43% of detached houses are smaller than 2 ELSEA PARK WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 ELSEA PARK WAY: Plot and Title Map

2 ELSEA PARK WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 ELSEA PARK WAY, 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 ELSEA PARK WAY). 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 ELSEA PARK WAY?

2 ELSEA PARK WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on ELSEA PARK WAY.