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
29 MILL DROVE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £350,000 in September 2022, which was around 9% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 29 MILL DROVE since 1st 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. One of the two 29 MILL DROVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2022 22 SEP | £350,000 | £383,801 | 9% below HPI |
2020 19 JUN | £315,000 | £310,401 | 1% 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 two 29 MILL DROVE sales from June 2020 and September 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 June 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
29 MILL DROVE is 97m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 29 MILL DROVE lies on this distribution: 38% of detached houses are smaller than 29 MILL DROVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bourne.
29 MILL DROVE sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 29 MILL DROVE, 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 29 MILL DROVE). 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.
29 MILL DROVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 29 on MILL DROVE.