3, CHERITON PARK, BOURNE, PE10 9TA - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHERITON PARK is a very large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £506,755. It was last sold for £325,000 in November 2014, which was around 39% above the average November 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 CHERITON PARK Sold Prices

Land registry data shows three sales for 3 CHERITON PARK 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 3 CHERITON PARK 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 7 NOV	£325,000	£233,869	39% above HPI
2003 27 MAR	£195,000	£163,226	19% above HPI
1998 29 JAN	£115,000	£82,404	40% above HPI

3 CHERITON PARK 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 3 CHERITON PARK sales between January 1998 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 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2014 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 CHERITON PARK be worth now?

3 CHERITON PARK might now be worth an estimated £506,755.

This is based on house price inflation of 55.9%, between November 2014 and February 2025, 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 55.9% inflationary increase is applied to the most recent sale price for 3 CHERITON PARK of £325,000 on 7th November 2014. For the value to have increased from £325,000 to £506,755 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 CHERITON PARK has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERITON PARK has not materially changed since November 2014.

How Large is 3 CHERITON PARK?

3 CHERITON PARK is 148m² according to the EPC inspection conducted in February 2014. 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 3 CHERITON PARK lies on this distribution: 84% of detached houses houses are smaller than 3 CHERITON PARK, and 15% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 CHERITON PARK: Plot and Title Map

3 CHERITON PARK sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 3 CHERITON PARK, 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 3 CHERITON PARK). 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 3 CHERITON PARK?

3 CHERITON PARK is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 3 on CHERITON PARK.