2, LEICESTER MEWS, BOURNE, PE10 0YZ - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LEICESTER MEWS is a very small detached house of 85m². It was last sold for £245,000 in August 2024, which was around 32% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 LEICESTER MEWS Sold Prices

Land registry data shows two sales for 2 LEICESTER MEWS 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. Both of the two 2 LEICESTER MEWS 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
2024 30 AUG	£245,000	£360,739	32% below HPI
2019 28 NOV	£251,995	£300,489	16% below HPI

2 LEICESTER MEWS 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 LEICESTER MEWS sales from November 2019 and August 2024 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 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 LEICESTER MEWS be worth now?

2 LEICESTER MEWS might now be worth an estimated £250,160.

This is based on house price inflation of 2.1%, between August 2024 and December 2024, 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 2.1% inflationary increase is applied to the most recent sale price for 2 LEICESTER MEWS of £245,000 on 30th August 2024. For the value to have increased from £245,000 to £250,160 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 LEICESTER MEWS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2024 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEICESTER MEWS has not materially changed since August 2024.

How Large is 2 LEICESTER MEWS?

2 LEICESTER MEWS is 85m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 2 LEICESTER MEWS lies on this distribution: 19% of detached houses houses are smaller than 2 LEICESTER MEWS, and 79% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 LEICESTER MEWS: Plot and Title Map

2 LEICESTER MEWS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 LEICESTER MEWS, 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 LEICESTER MEWS). 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 LEICESTER MEWS?

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