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
5 ELSEA PARK WAY is a small detached house of 86m², built sometime from 2007 onwards. It was last sold for £142,500 in December 2011, which was around 36% below the average December 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 ELSEA PARK WAY since 1st 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 5 ELSEA PARK 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 |
---|---|---|---|
2011 9 DEC | £142,500 | £220,954 | 36% below HPI |
2007 18 JUN | £175,950 | £236,995 | 26% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 5 ELSEA PARK WAY sales from June 2007 and December 2011 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 June 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 ELSEA PARK WAY is 86m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 5 ELSEA PARK WAY lies on this distribution: 21% of detached houses are smaller than 5 ELSEA PARK WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bourne.
5 ELSEA PARK WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 5 ELSEA PARK 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 5 ELSEA PARK 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.
5 ELSEA PARK WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 5 on ELSEA PARK WAY.