23, MEADOWGATE, BOURNE, PE10 9EZ - £310,000

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 MEADOWGATE is a midsized extended detached house of 114m², built sometime before 1900. It was last sold for £310,000 in October 2022, which was around 20% below the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

23 MEADOWGATE Sold Prices

Land registry data shows three sales for 23 MEADOWGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 23 MEADOWGATE 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
2022 28 OCT	£310,000	£386,120	20% below HPI
2016 10 FEB	£144,400	£264,336	45% below HPI
2010 14 MAY	£135,000	£212,840	37% below HPI

23 MEADOWGATE 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 three 23 MEADOWGATE sales between May 2010 and October 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 February 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23 MEADOWGATE?

23 MEADOWGATE is 114m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 MEADOWGATE lies on this distribution: 55% of detached houses are smaller than 23 MEADOWGATE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bourne.

23 MEADOWGATE: Plot and Title Map

23 MEADOWGATE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 23 MEADOWGATE, 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 MEADOWGATE). 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 MEADOWGATE?

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