25, CEDAR DRIVE, BOURNE, PE10 9SQ - £305,000

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

25 CEDAR DRIVE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £305,000 in June 2021, which was around 7% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

25 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 25 CEDAR DRIVE 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 25 CEDAR 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
2021 10 JUN	£305,000	£328,593	7% below HPI
2021 10 FEB	£240,000	£329,337	27% below HPI
2004 17 SEP	£185,000	£211,025	12% below HPI

25 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 three 25 CEDAR DRIVE sales between September 2004 and June 2021 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 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 25 CEDAR DRIVE?

25 CEDAR DRIVE is 83m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 25 CEDAR DRIVE lies on this distribution: 17% of detached houses are smaller than 25 CEDAR DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bourne.

25 CEDAR DRIVE: Plot and Title Map

25 CEDAR DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 25 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 25 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 25 CEDAR DRIVE?

25 CEDAR DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 25 on CEDAR DRIVE.