24, TARRAGON WAY, BOURNE, PE10 9NA - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 TARRAGON WAY is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £280,000 in November 2014, which was around 20% above the average November 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

24 TARRAGON WAY Sold Prices

Land registry data shows three sales for 24 TARRAGON WAY 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 24 TARRAGON WAY 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
2014 24 NOV	£280,000	£233,869	20% above HPI
2006 3 MAR	£267,000	£213,275	25% above HPI
2003 28 NOV	£245,995	£182,222	35% above HPI

24 TARRAGON WAY 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 24 TARRAGON WAY sales between November 2003 and November 2014 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 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2014 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 24 TARRAGON WAY be worth now?

24 TARRAGON WAY might now be worth an estimated £440,991.

This is based on house price inflation of 57.5%, between November 2014 and December 2024, 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 57.5% inflationary increase is applied to the most recent sale price for 24 TARRAGON WAY of £280,000 on 24th November 2014. For the value to have increased from £280,000 to £440,991 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 24 TARRAGON WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 24 TARRAGON WAY has not materially changed since November 2014.

How Large is 24 TARRAGON WAY?

24 TARRAGON WAY is 162m² according to the EPC inspection conducted in October 2013. 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 24 TARRAGON WAY lies on this distribution: 90% of detached houses houses are smaller than 24 TARRAGON WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Bourne.

24 TARRAGON WAY: Plot and Title Map

24 TARRAGON WAY sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 24 TARRAGON 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 TARRAGON 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.

Where is 24 TARRAGON WAY?

24 TARRAGON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 24 on TARRAGON WAY.