2, SOUTHWELL WAY, BOURNE, PE10 0YT - £259,000

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 SOUTHWELL WAY is a small detached house of 96m². It was last sold for £259,000 in June 2021, which was around 21% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

2 SOUTHWELL WAY Sold Prices

Land registry data shows two sales for 2 SOUTHWELL 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. Both of the two 2 SOUTHWELL WAY 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
2021 28 JUN	£259,000	£328,593	21% below HPI
2018 15 JUN	£257,995	£297,928	13% below HPI

2 SOUTHWELL 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 SOUTHWELL WAY sales from June 2018 and June 2021 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 June 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 SOUTHWELL WAY?

2 SOUTHWELL WAY is 96m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% 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 SOUTHWELL WAY lies on this distribution: 35% of detached houses are smaller than 2 SOUTHWELL WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 SOUTHWELL WAY: Plot and Title Map

2 SOUTHWELL WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL WAY?

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