2, ROWAN WAY, BOURNE, PE10 9SB - £327,000

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 ROWAN WAY is a very large detached house of 153m². It was last sold for £327,000 in October 2017, which was around 14% above the average October 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

2 ROWAN WAY Sold Prices

Land registry data shows three sales for 2 ROWAN WAY 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. Two of the three 2 ROWAN WAY sales were for above the average price, whilst one was 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
2017 31 OCT	£327,000	£286,688	14% above HPI
2014 18 FEB	£262,000	£225,885	16% above HPI
2011 9 SEP	£65,000	£222,490	71% below HPI

2 ROWAN 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 three 2 ROWAN WAY sales between September 2011 and October 2017 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 February 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 ROWAN WAY be worth now?

2 ROWAN WAY might now be worth an estimated £420,129.

This is based on house price inflation of 28.5%, between October 2017 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 28.5% inflationary increase is applied to the most recent sale price for 2 ROWAN WAY of £327,000 on 31st October 2017. For the value to have increased from £327,000 to £420,129 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 ROWAN WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2017 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN WAY has not materially changed since October 2017.

How Large is 2 ROWAN WAY?

2 ROWAN WAY is 153m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 ROWAN WAY lies on this distribution: 87% of detached houses houses are smaller than 2 ROWAN WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 ROWAN WAY: Plot and Title Map

2 ROWAN WAY sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 ROWAN 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 ROWAN 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 ROWAN WAY?

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