4, CEDAR DRIVE, BOURNE, PE10 9SQ - £220,000

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

4 CEDAR DRIVE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £220,000 in March 2014, which was around 3% below the average March 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

4 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 4 CEDAR DRIVE 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 4 CEDAR DRIVE 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
2014 28 MAR	£220,000	£227,582	3% below HPI
2006 31 AUG	£50,000	£230,592	78% below HPI
1998 22 DEC	£78,500	£88,487	11% below HPI

4 CEDAR DRIVE 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 4 CEDAR DRIVE sales between December 1998 and March 2014 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 August 2006 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the March 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 CEDAR DRIVE?

4 CEDAR DRIVE is 115m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 4 CEDAR DRIVE lies on this distribution: 57% of detached houses are smaller than 4 CEDAR DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 CEDAR DRIVE: Plot and Title Map

4 CEDAR DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 4 CEDAR DRIVE, 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 4 CEDAR DRIVE). 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 4 CEDAR DRIVE?

4 CEDAR DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 4 on CEDAR DRIVE.