3, POND LANE, BOURNE, PE10 0QW - £268,000

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 POND LANE is a very large detached house of 194m², built sometime between 1996 and 2002. It was last sold for £268,000 in March 2008, which was around 15% above the average March 2008 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

3 POND LANE Sold Prices

Land registry data shows two sales for 3 POND LANE 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 POND LANE 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
2008 28 MAR	£268,000	£232,115	15% above HPI
2004 5 MAR	£269,950	£184,995	46% above HPI

3 POND LANE 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 POND LANE sales from March 2004 and March 2008 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 2004 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the March 2008 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 POND LANE be worth now?

3 POND LANE might now be worth an estimated £425,281.

This is based on house price inflation of 58.7%, between March 2008 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 58.7% inflationary increase is applied to the most recent sale price for 3 POND LANE of £268,000 on 28th March 2008. For the value to have increased from £268,000 to £425,281 over the fifteen years and three months to December 2024, the following assumptions must hold true:

• The value of 3 POND LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2008 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 3 POND LANE has not materially changed since March 2008.

How Large is 3 POND LANE?

3 POND LANE is 194m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 POND LANE lies on this distribution: 96% of detached houses houses are smaller than 3 POND LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 POND LANE: Plot and Title Map

3 POND LANE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 3 POND LANE, 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 POND LANE). 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 POND LANE?

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