22, SOUTHFIELDS, BOURNE, PE10 9TZ - £300,000

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 SOUTHFIELDS is a small extended detached house of 97m², built sometime between 2003 and 2006. It was last sold for £300,000 in October 2023, which was around 21% below the average October 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

22 SOUTHFIELDS Sold Prices

Land registry data shows four sales for 22 SOUTHFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 22 SOUTHFIELDS 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
2023 20 OCT	£300,000	£378,999	21% below HPI
2016 19 AUG	£237,000	£268,196	12% below HPI
2013 17 APR	£172,000	£215,651	20% below HPI
1999 16 APR	£88,250	£89,617	2% below HPI

22 SOUTHFIELDS 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 four 22 SOUTHFIELDS sales between April 1999 and October 2023 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 August 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 SOUTHFIELDS?

22 SOUTHFIELDS is 97m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 22 SOUTHFIELDS lies on this distribution: 38% of detached houses are smaller than 22 SOUTHFIELDS, and 62% of houses are larger. Note that EPC data is not available for all properties in Bourne.

22 SOUTHFIELDS: Plot and Title Map

22 SOUTHFIELDS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 22 SOUTHFIELDS, 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 SOUTHFIELDS). 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 SOUTHFIELDS?

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