2, HOMESTEAD GARDENS, THURLBY, BOURNE, PE10 0BE - £296,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HOMESTEAD GARDENS is a midsized extended detached house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £359,818. It was last sold for £296,500 in November 2019, which was around 1% below the average November 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

2 HOMESTEAD GARDENS Sold Prices

Land registry data shows three sales for 2 HOMESTEAD GARDENS 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 2 HOMESTEAD GARDENS 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
2019 29 NOV	£296,500	£300,489	1% below HPI
2007 20 JUN	£229,950	£233,094	1% below HPI
2005 28 OCT	£200,000	£214,643	7% below HPI

2 HOMESTEAD GARDENS 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 2 HOMESTEAD GARDENS sales between October 2005 and November 2019 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 June 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2019 sale, which was also at 1% below the HPI.

What might 2 HOMESTEAD GARDENS be worth now?

2 HOMESTEAD GARDENS might now be worth an estimated £359,818.

This is based on house price inflation of 21.4%, between November 2019 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 2 HOMESTEAD GARDENS of £296,500 on 29th November 2019. For the value to have increased from £296,500 to £359,818 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HOMESTEAD GARDENS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2019 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HOMESTEAD GARDENS has not materially changed since November 2019.

How Large is 2 HOMESTEAD GARDENS?

2 HOMESTEAD GARDENS is 124m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Northorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northorpe, and where 2 HOMESTEAD GARDENS lies on this distribution: 58% of detached houses houses are smaller than 2 HOMESTEAD GARDENS, and 42% of houses are larger. Note that EPC data is not available for all properties in Northorpe.

2 HOMESTEAD GARDENS: Plot and Title Map

2 HOMESTEAD GARDENS sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 HOMESTEAD GARDENS, 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 HOMESTEAD GARDENS). 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 HOMESTEAD GARDENS?

2 HOMESTEAD GARDENS is located in THURLBY, in the PE10 postcode district. The below map shows the position of No. 2 on HOMESTEAD GARDENS.