3, OAK CRESCENT, BOURNE, PE10 9SD - £317,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 OAK CRESCENT is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £317,000 in November 2023, which was around 14% below the average November 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

3 OAK CRESCENT Sold Prices

Land registry data shows two sales for 3 OAK CRESCENT since 1^st 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. Both of the two 3 OAK CRESCENT 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 20 NOV	£317,000	£366,768	14% below HPI
2022 22 FEB	£333,000	£346,854	4% below HPI

3 OAK CRESCENT 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 two 3 OAK CRESCENT sales from February 2022 and November 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 February 2022 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 OAK CRESCENT be worth now?

3 OAK CRESCENT might now be worth an estimated £318,355.

This is based on house price inflation of 0.4%, between November 2023 and December 2024, 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 0.4% inflationary increase is applied to the most recent sale price for 3 OAK CRESCENT of £317,000 on 20th November 2023. For the value to have increased from £317,000 to £318,355 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 3 OAK CRESCENT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2023 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAK CRESCENT has not materially changed since November 2023.

How Large is 3 OAK CRESCENT?

3 OAK CRESCENT is 94m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 OAK CRESCENT lies on this distribution: 33% of detached houses houses are smaller than 3 OAK CRESCENT, and 66% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 OAK CRESCENT: Plot and Title Map

3 OAK CRESCENT sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 OAK CRESCENT, 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 OAK CRESCENT). 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 OAK CRESCENT?

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