42, BOURNE ROAD, COLSTERWORTH, GRANTHAM, NG33 5JE - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 BOURNE ROAD is a large detached house of 181m², built sometime between 2003 and 2006. It was last sold for £390,000 in September 2015, which was around 55% above the average September 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

42 BOURNE ROAD Sold Prices

Land registry data shows two sales for 42 BOURNE ROAD 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 42 BOURNE ROAD sales were for above 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 24 SEP	£390,000	£251,056	55% above HPI
2006 21 JUL	£339,000	£224,890	51% above HPI

42 BOURNE ROAD 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 42 BOURNE ROAD sales from July 2006 and September 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 July 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2015 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 42 BOURNE ROAD?

42 BOURNE ROAD is 181m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 42 BOURNE ROAD lies on this distribution: 74% of detached houses are smaller than 42 BOURNE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

42 BOURNE ROAD: Plot and Title Map

42 BOURNE ROAD sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of 42 BOURNE ROAD, 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 42 BOURNE ROAD). 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 42 BOURNE ROAD?

42 BOURNE ROAD is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 42 on BOURNE ROAD.