4, POND LANE, BOURNE, PE10 0QW - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 POND LANE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £241,449. It was last sold for £195,000 in May 2019, which was around 34% below the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

4 POND LANE Sold Prices

Land registry data shows two sales for 4 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 4 POND LANE 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
2019 10 MAY	£195,000	£294,507	34% below HPI
2003 28 FEB	£129,950	£167,636	22% below HPI

4 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 4 POND LANE sales from February 2003 and May 2019 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 February 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 4 POND LANE be worth now?

4 POND LANE might now be worth an estimated £241,449.

This is based on house price inflation of 23.8%, between May 2019 and February 2025, 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 23.8% inflationary increase is applied to the most recent sale price for 4 POND LANE of £195,000 on 10th May 2019. For the value to have increased from £195,000 to £241,449 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 POND LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 POND LANE has not materially changed since May 2019.

How Large is 4 POND LANE?

4 POND LANE is 77m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 POND LANE lies on this distribution: 11% of detached houses houses are smaller than 4 POND LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 POND LANE: Plot and Title Map

4 POND LANE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 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 4 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 4 POND LANE?

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