4, ROWAN WAY, BOURNE, PE10 9SB - £233,000

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 ROWAN WAY is a very large extended detached house of 151m², built sometime between 1976 and 1982. It was last sold for £233,000 in April 2015, which was around 2% below the average April 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

4 ROWAN WAY Sold Prices

Land registry data shows three sales for 4 ROWAN WAY 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 ROWAN WAY 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
2015 29 APR	£233,000	£236,848	2% below HPI
2006 15 AUG	£183,000	£230,592	21% below HPI
2004 29 APR	£155,000	£190,867	19% below HPI

4 ROWAN WAY 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 ROWAN WAY sales between April 2004 and April 2015 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 ROWAN WAY?

4 ROWAN WAY is 151m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 20% 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 ROWAN WAY lies on this distribution: 86% of detached houses are smaller than 4 ROWAN WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 ROWAN WAY: Plot and Title Map

4 ROWAN WAY sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 4 ROWAN WAY, 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 ROWAN WAY). 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 ROWAN WAY?

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