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

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

3 CHERITON PARK is a very large detached house of 148m², built sometime between 1983 and 1990. It was last sold for £325,000 in November 2014, which was around 37% 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	£237,784	37% above HPI
2003 27 MAR	£195,000	£165,958	17% above HPI
1998 29 JAN	£115,000	£83,783	37% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2014 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 3 CHERITON PARK lies on this distribution: 84% of detached 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.