38, SOUTH ROAD, BOURNE, PE10 9JD - £310,000

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

38 SOUTH ROAD is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £310,000 in January 2024, which was around 14% below the average January 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

38 SOUTH ROAD Sold Prices

Land registry data shows five sales for 38 SOUTH ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 38 SOUTH ROAD 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
2024 19 JAN	£310,000	£361,647	14% below HPI
2018 20 SEP	£287,000	£309,614	7% below HPI
2014 28 MAR	£173,000	£227,582	24% below HPI
2004 13 JUL	£149,995	£201,007	25% below HPI
2002 24 MAY	£100,000	£137,835	27% below HPI

38 SOUTH ROAD 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 five 38 SOUTH ROAD sales between May 2002 and January 2024 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 September 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 38 SOUTH ROAD?

38 SOUTH ROAD is 92m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 38 SOUTH ROAD lies on this distribution: 30% of detached houses are smaller than 38 SOUTH ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Bourne.

38 SOUTH ROAD: Plot and Title Map

38 SOUTH ROAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 38 SOUTH ROAD, 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 38 SOUTH ROAD). 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 38 SOUTH ROAD?

38 SOUTH ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 38 on SOUTH ROAD.