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

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

23 CEDAR DRIVE is a very large detached house of 149m², built sometime between 2007 and 2011. It was last sold for £430,000 in September 2022, which was around 12% 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	£383,801	12% above HPI
2011 10 JUN	£247,500	£215,370	15% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

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 in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 23 CEDAR DRIVE lies on this distribution: 85% of detached houses are smaller than 23 CEDAR DRIVE, and 15% 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.