22, STEPHENSON WAY, BOURNE, PE10 9DA - £81,000

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 STEPHENSON WAY is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £81,000 in April 2001, which was around 31% below the average April 2001 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

22 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 22 STEPHENSON WAY 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 STEPHENSON WAY 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
2001 2 APR	£81,000	£117,024	31% below HPI
1999 6 AUG	£66,950	£93,654	29% below HPI
1998 11 SEP	£57,000	£87,183	35% below HPI
1997 30 OCT	£55,000	£80,878	32% below HPI

22 STEPHENSON WAY 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 STEPHENSON WAY sales between October 1997 and April 2001 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2001 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 22 STEPHENSON WAY?

22 STEPHENSON WAY is 93m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 STEPHENSON WAY lies on this distribution: 31% of detached houses are smaller than 22 STEPHENSON WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Bourne.

22 STEPHENSON WAY: Plot and Title Map

22 STEPHENSON WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 22 STEPHENSON WAY, 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 STEPHENSON WAY). 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 STEPHENSON WAY?

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