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 WELLAND DRIVE is a very large detached house of 196m². It was last sold for £380,000 in January 2019, which was around 26% above the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 WELLAND DRIVE since 1st 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 WELLAND DRIVE 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 |
---|---|---|---|
2019 4 JAN | £380,000 | £302,081 | 26% above HPI |
2016 16 DEC | £369,995 | £272,264 | 36% 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 two 2 WELLAND DRIVE sales from December 2016 and January 2019 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 December 2016 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.
2 WELLAND DRIVE is 196m² according to the EPC inspection conducted in November 2016. 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 WELLAND DRIVE lies on this distribution: 97% of detached houses are smaller than 2 WELLAND DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bourne.
2 WELLAND DRIVE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 WELLAND DRIVE, 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 WELLAND DRIVE). 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 WELLAND DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on WELLAND DRIVE.