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 SOUTHFIELDS is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £267,500 in January 2015, which was around 14% above the average January 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 SOUTHFIELDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 2 SOUTHFIELDS sales were 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 |
---|---|---|---|
2015 30 JAN | £267,500 | £235,277 | 14% above HPI |
2004 2 APR | £215,000 | £190,867 | 13% above HPI |
2000 29 JUN | £151,000 | £105,723 | 43% above HPI |
1997 5 DEC | £104,950 | £83,390 | 26% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 2 SOUTHFIELDS sales between December 1997 and January 2015 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 April 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
2 SOUTHFIELDS is 140m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 SOUTHFIELDS lies on this distribution: 79% of detached houses are smaller than 2 SOUTHFIELDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Bourne.
2 SOUTHFIELDS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 2 SOUTHFIELDS, 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 SOUTHFIELDS). 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.
2 SOUTHFIELDS is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on SOUTHFIELDS.