22, SOUTH ROAD, BOURNE, PE10 9JD - £360,000

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

22 SOUTH ROAD is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £360,000 in February 2021, which was around 9% above the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

22 SOUTH ROAD Sold Prices

Land registry data shows three sales for 22 SOUTH ROAD 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. One of the three 22 SOUTH ROAD sales was for above the average price, whilst two 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 10 FEB	£360,000	£329,337	9% above HPI
2018 18 DEC	£230,000	£300,571	23% below HPI
2009 5 JUN	£125,000	£201,219	38% below HPI

22 SOUTH ROAD 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 22 SOUTH ROAD sales between June 2009 and February 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 December 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 22 SOUTH ROAD?

22 SOUTH ROAD is 115m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 22 SOUTH ROAD lies on this distribution: 57% of detached houses are smaller than 22 SOUTH ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Bourne.

22 SOUTH ROAD: Plot and Title Map

22 SOUTH ROAD sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 22 SOUTH ROAD, 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 22 SOUTH ROAD). 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 22 SOUTH ROAD?

22 SOUTH ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 22 on SOUTH ROAD.