2, THE RETREAT, BOURNE, PE10 9XS - £460,000

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 THE RETREAT is a very large detached house of 223m², built sometime between 1996 and 2002. It was last sold for £460,000 in May 2008, which was around 90% above the average May 2008 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

2 THE RETREAT Sold Prices

Land registry data shows two sales for 2 THE RETREAT 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 THE RETREAT 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
2008 2 MAY	£460,000	£242,299	90% above HPI
1999 15 JUN	£175,000	£89,635	95% above HPI

2 THE RETREAT 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 THE RETREAT sales from June 1999 and May 2008 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 1999 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the May 2008 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 2 THE RETREAT?

2 THE RETREAT is 223m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% 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 THE RETREAT lies on this distribution: 99% of detached houses are smaller than 2 THE RETREAT, and 1% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 THE RETREAT: Plot and Title Map

2 THE RETREAT sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 2 THE RETREAT, 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 THE RETREAT). 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 THE RETREAT?

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