2, RUSSELL WAY, BOURNE, PE10 0FP - £219,000

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 RUSSELL WAY is a very large detached house of 153m², built sometime between 2003 and 2006. It was last sold for £219,000 in October 2014, which was around 8% below the average October 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 RUSSELL WAY Sold Prices

Land registry data shows two sales for 2 RUSSELL WAY 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. One of the two 2 RUSSELL WAY sales was for below the average price, whilst the other was for above 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
2014 27 OCT	£219,000	£237,517	8% below HPI
2008 26 SEP	£242,250	£225,322	8% above HPI

2 RUSSELL 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 two 2 RUSSELL WAY sales from September 2008 and October 2014 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 September 2008 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 RUSSELL WAY?

2 RUSSELL WAY is 153m² according to the EPC inspection conducted in February 2022. This puts it in the largest 20% 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 RUSSELL WAY lies on this distribution: 86% of detached houses are smaller than 2 RUSSELL WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 RUSSELL WAY: Plot and Title Map

2 RUSSELL WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 RUSSELL 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 RUSSELL 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 RUSSELL WAY?

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