3, GROSVENOR AVENUE, BOURNE, PE10 9HU - £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

3 GROSVENOR AVENUE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £305,000 in December 2023, which was around 17% below the average December 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

3 GROSVENOR AVENUE Sold Prices

Land registry data shows three sales for 3 GROSVENOR AVENUE 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 GROSVENOR AVENUE 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
2023 7 DEC	£305,000	£367,855	17% below HPI
2022 29 APR	£325,000	£361,857	10% below HPI
2021 1 APR	£260,000	£327,868	21% below HPI

3 GROSVENOR AVENUE 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 GROSVENOR AVENUE sales between April 2021 and December 2023 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 April 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 GROSVENOR AVENUE?

3 GROSVENOR AVENUE is 70m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 GROSVENOR AVENUE lies on this distribution: 8% of detached houses are smaller than 3 GROSVENOR AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 GROSVENOR AVENUE: Plot and Title Map

3 GROSVENOR AVENUE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 GROSVENOR AVENUE, 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 GROSVENOR AVENUE). 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 GROSVENOR AVENUE?

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