47, STEPHENSON WAY, BOURNE, PE10 9DD - £285,000

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

47 STEPHENSON WAY is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £285,000 in March 2020, which was around 7% below the average March 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

47 STEPHENSON WAY Sold Prices

Land registry data shows two sales for 47 STEPHENSON WAY 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. One of the two 47 STEPHENSON WAY sales was for below the average price, whilst the other was 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
2020 12 MAR	£285,000	£306,879	7% below HPI
2004 1 JUL	£203,000	£201,007	1% above HPI

47 STEPHENSON 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 two 47 STEPHENSON WAY sales from July 2004 and March 2020 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 47 STEPHENSON WAY?

47 STEPHENSON WAY is 108m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 47 STEPHENSON WAY lies on this distribution: 47% of detached houses are smaller than 47 STEPHENSON WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bourne.

47 STEPHENSON WAY: Plot and Title Map

47 STEPHENSON WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 47 STEPHENSON 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 47 STEPHENSON 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 47 STEPHENSON WAY?

47 STEPHENSON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 47 on STEPHENSON WAY.