2, NORTHFIELDS, BOURNE, PE10 9DB - £187,000

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 NORTHFIELDS is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £187,000 in January 2016, which was around 28% below the average January 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

2 NORTHFIELDS Sold Prices

Land registry data shows three sales for 2 NORTHFIELDS 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 NORTHFIELDS 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
2016 29 JAN	£187,000	£261,490	28% below HPI
2013 14 OCT	£176,000	£229,924	23% below HPI
2004 6 MAY	£55,000	£187,220	71% below HPI

2 NORTHFIELDS 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 NORTHFIELDS sales between May 2004 and January 2016 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 October 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 NORTHFIELDS be worth now?

2 NORTHFIELDS might now be worth an estimated £263,409.

This is based on house price inflation of 40.9%, between January 2016 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 40.9% inflationary increase is applied to the most recent sale price for 2 NORTHFIELDS of £187,000 on 29th January 2016. For the value to have increased from £187,000 to £263,409 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 2 NORTHFIELDS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2016 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTHFIELDS has not materially changed since January 2016.

How Large is 2 NORTHFIELDS?

2 NORTHFIELDS is 92m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% 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 NORTHFIELDS lies on this distribution: 30% of detached houses houses are smaller than 2 NORTHFIELDS, and 69% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 NORTHFIELDS: Plot and Title Map

2 NORTHFIELDS sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 2 NORTHFIELDS, 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 NORTHFIELDS). 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 NORTHFIELDS?

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