3, IRIS GARDENS, BOURNE, PE10 0GH - £232,500

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 IRIS GARDENS is a large extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £232,500 in February 2019, which was around 22% below the average February 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

3 IRIS GARDENS Sold Prices

Land registry data shows three sales for 3 IRIS GARDENS 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 IRIS GARDENS 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
2019 7 FEB	£232,500	£298,165	22% below HPI
2013 12 APR	£176,000	£215,651	18% below HPI
2005 22 JUL	£186,950	£209,996	11% below HPI

3 IRIS GARDENS 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 IRIS GARDENS sales between July 2005 and February 2019 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 IRIS GARDENS?

3 IRIS GARDENS is 116m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the largest 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 3 IRIS GARDENS lies on this distribution: 60% of detached houses are smaller than 3 IRIS GARDENS, and 40% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 IRIS GARDENS: Plot and Title Map

3 IRIS GARDENS sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 IRIS GARDENS, 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 IRIS GARDENS). 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 IRIS GARDENS?

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