4, LEOFRIC AVENUE, BOURNE, PE10 9QT - £252,500

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

4 LEOFRIC AVENUE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £252,500 in June 2024, which was around 29% below the average June 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

4 LEOFRIC AVENUE Sold Prices

Land registry data shows four sales for 4 LEOFRIC AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 4 LEOFRIC AVENUE 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 7 JUN	£252,500	£355,337	29% below HPI
2020 31 JAN	£238,000	£296,308	20% below HPI
2016 17 NOV	£225,000	£268,732	16% below HPI
2014 19 NOV	£182,000	£233,869	22% below HPI

4 LEOFRIC AVENUE 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 four 4 LEOFRIC AVENUE sales between November 2014 and June 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 January 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 LEOFRIC AVENUE be worth now?

4 LEOFRIC AVENUE might now be worth an estimated £261,737.

This is based on house price inflation of 3.7%, between June 2024 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 3.7% inflationary increase is applied to the most recent sale price for 4 LEOFRIC AVENUE of £252,500 on 7th June 2024. For the value to have increased from £252,500 to £261,737 over the six months to December 2024, the following assumptions must hold true:

• The value of 4 LEOFRIC AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2024 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LEOFRIC AVENUE has not materially changed since June 2024.

How Large is 4 LEOFRIC AVENUE?

4 LEOFRIC AVENUE is 65m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 4 LEOFRIC AVENUE lies on this distribution: 5% of detached houses houses are smaller than 4 LEOFRIC AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 LEOFRIC AVENUE: Plot and Title Map

4 LEOFRIC AVENUE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 4 LEOFRIC AVENUE, 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 LEOFRIC AVENUE). 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 LEOFRIC AVENUE?

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