23, CEDAR DRIVE, BOURNE, PE10 9SQ - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CEDAR DRIVE is a very large detached house of 149m², built sometime between 2007 and 2011, which could now be worth an estimated £415,393. It was last sold for £430,000 in September 2022, which was around 14% above the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

23 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 23 CEDAR DRIVE since 1^st 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 23 CEDAR 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
2022 6 SEP	£430,000	£377,482	14% above HPI
2011 10 JUN	£247,500	£211,824	17% above HPI

23 CEDAR DRIVE 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 two 23 CEDAR DRIVE sales from June 2011 and September 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 June 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 23 CEDAR DRIVE be worth now?

23 CEDAR DRIVE might now be worth an estimated £415,393.

This is based on house price deflation of 3.4%, between September 2022 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% deflationary decrease is applied to the most recent sale price for 23 CEDAR DRIVE of £430,000 on 6th September 2022. For the value to have decreased from £430,000 to £415,393 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 CEDAR DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CEDAR DRIVE has not materially changed since September 2022.

How Large is 23 CEDAR DRIVE?

23 CEDAR DRIVE is 149m² according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 23 CEDAR DRIVE lies on this distribution: 85% of detached houses houses are smaller than 23 CEDAR DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bourne.

23 CEDAR DRIVE: Plot and Title Map

23 CEDAR DRIVE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 23 CEDAR 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 23 CEDAR 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.

Where is 23 CEDAR DRIVE?

23 CEDAR DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 23 on CEDAR DRIVE.