21, MEADOWGATE, BOURNE, PE10 9EZ - £273,000

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

21 MEADOWGATE is a small extended detached house of 96m², built sometime before 1900. It was last sold for £273,000 in January 2022, which was around 22% below the average January 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2012, where the current energy rating was F, and the potential energy rating was E.

21 MEADOWGATE Sold Prices

Land registry data shows five sales for 21 MEADOWGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 21 MEADOWGATE 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
2022 27 JAN	£273,000	£350,189	22% below HPI
2012 18 MAY	£160,000	£214,081	25% below HPI
2005 9 AUG	£180,000	£213,560	16% below HPI
2001 2 NOV	£133,000	£121,508	9% above HPI
1997 29 AUG	£53,500	£79,371	33% below HPI

21 MEADOWGATE 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 five 21 MEADOWGATE sales between August 1997 and January 2022 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 May 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 21 MEADOWGATE?

21 MEADOWGATE is 96m², which includes one extension, according to the EPC inspection conducted in January 2012. 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 21 MEADOWGATE lies on this distribution: 37% of detached houses are smaller than 21 MEADOWGATE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bourne.

21 MEADOWGATE: Plot and Title Map

21 MEADOWGATE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 21 MEADOWGATE, 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 21 MEADOWGATE). 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 21 MEADOWGATE?

21 MEADOWGATE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 21 on MEADOWGATE.