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

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.

42 BOURNE ROAD is a large detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £575,957. It was last sold for £390,000 in September 2015, which was around 58% 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	£246,923	58% above HPI
2006 21 JUL	£339,000	£221,188	53% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2015 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 42 BOURNE ROAD be worth now?

42 BOURNE ROAD might now be worth an estimated £575,957.

This is based on house price inflation of 47.7%, between September 2015 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 47.7% inflationary increase is applied to the most recent sale price for 42 BOURNE ROAD of £390,000 on 24th September 2015. For the value to have increased from £390,000 to £575,957 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 42 BOURNE ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2015 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 42 BOURNE ROAD has not materially changed since September 2015.

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 houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colsterworth, and where 42 BOURNE ROAD lies on this distribution: 74% of detached houses 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.