23, CHEPSTOW DRIVE, BOURNE, PE10 0RX - £250,000

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 CHEPSTOW DRIVE is a midsized detached house of 103m², built sometime between 2007 and 2011. It was last sold for £250,000 in June 2017, which was around 12% below the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

23 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 23 CHEPSTOW 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 CHEPSTOW DRIVE 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
2017 30 JUN	£250,000	£282,729	12% below HPI
2013 20 DEC	£199,995	£231,650	14% below HPI

23 CHEPSTOW 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 CHEPSTOW DRIVE sales from December 2013 and June 2017 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 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 23 CHEPSTOW DRIVE?

23 CHEPSTOW DRIVE is 103m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 23 CHEPSTOW DRIVE lies on this distribution: 43% of detached houses are smaller than 23 CHEPSTOW DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bourne.

23 CHEPSTOW DRIVE: Plot and Title Map

23 CHEPSTOW DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 23 CHEPSTOW 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 CHEPSTOW 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 CHEPSTOW DRIVE?

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