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
24 LAVENDER WAY is a small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £179,995 in September 2003, which was around 3% below the average September 2003 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 24 LAVENDER WAY since 1st 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. The three 24 LAVENDER WAY sales were a mix of below the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2003 16 SEP | £179,995 | £184,697 | 3% below HPI |
1999 15 MAR | £90,000 | £89,650 | Close to HPI |
1998 17 APR | £89,995 | £81,954 | 10% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 24 LAVENDER WAY sales between April 1998 and September 2003 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 March 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2003 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
24 LAVENDER WAY is 91m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 24 LAVENDER WAY lies on this distribution: 28% of detached houses are smaller than 24 LAVENDER WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Bourne.
24 LAVENDER WAY sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 24 LAVENDER 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 24 LAVENDER 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.
24 LAVENDER WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 24 on LAVENDER WAY.