39, MILL DROVE, BOURNE, PE10 9BY - £245,000

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

39 MILL DROVE is a large extended semi-detached house of 136m², built sometime between 1950 and 1966. It was last sold for £245,000 in March 2016, which was around 6% below the average March 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

39 MILL DROVE Sold Prices

Land registry data shows three sales for 39 MILL DROVE 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 39 MILL DROVE 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
2016 17 MAR	£245,000	£259,840	6% below HPI
2000 3 NOV	£108,500	£111,551	3% below HPI
1998 28 OCT	£73,500	£88,642	17% below HPI

39 MILL DROVE 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 39 MILL DROVE sales between October 1998 and March 2016 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 November 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 39 MILL DROVE?

39 MILL DROVE is 136m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 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 39 MILL DROVE lies on this distribution: 77% of detached houses are smaller than 39 MILL DROVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bourne.

39 MILL DROVE: Plot and Title Map

39 MILL DROVE sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of 39 MILL DROVE, 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 39 MILL DROVE). 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 39 MILL DROVE?

39 MILL DROVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 39 on MILL DROVE.