2, THYME AVENUE, BOURNE, PE10 9ND - £171,500

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 THYME AVENUE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £171,500 in November 2012, which was around 20% below the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

2 THYME AVENUE Sold Prices

Land registry data shows three sales for 2 THYME AVENUE 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. All of the three 2 THYME AVENUE 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
2012 26 NOV	£171,500	£214,783	20% below HPI
2006 31 MAR	£182,995	£213,275	14% below HPI
2003 3 OCT	£138,995	£182,258	24% below HPI

2 THYME AVENUE 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 THYME AVENUE sales between October 2003 and November 2012 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 March 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 THYME AVENUE be worth now?

2 THYME AVENUE might now be worth an estimated £294,109.

This is based on house price inflation of 71.5%, between November 2012 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 71.5% inflationary increase is applied to the most recent sale price for 2 THYME AVENUE of £171,500 on 26th November 2012. For the value to have increased from £171,500 to £294,109 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 THYME AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2012 sale price of £171,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THYME AVENUE has not materially changed since November 2012.

How Large is 2 THYME AVENUE?

2 THYME AVENUE is 90m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% 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 THYME AVENUE lies on this distribution: 26% of detached houses houses are smaller than 2 THYME AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 THYME AVENUE: Plot and Title Map

2 THYME AVENUE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 THYME AVENUE, 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 THYME AVENUE). 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 THYME AVENUE?

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