5, LAWRANCE WAY, THURLBY, BOURNE, PE10 0HU - £235,000

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

5 LAWRANCE WAY is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £235,000 in January 2017, which was around 15% below the average January 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

5 LAWRANCE WAY Sold Prices

Land registry data shows two sales for 5 LAWRANCE 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. Both of the two 5 LAWRANCE 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
2017 9 JAN	£235,000	£275,906	15% below HPI
2014 11 MAR	£180,000	£227,582	21% below HPI

5 LAWRANCE 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 5 LAWRANCE WAY sales from March 2014 and January 2017 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 March 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 LAWRANCE WAY?

5 LAWRANCE WAY is 85m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Northorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Northorpe, and where 5 LAWRANCE WAY lies on this distribution: 14% of detached houses are smaller than 5 LAWRANCE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Northorpe.

5 LAWRANCE WAY: Plot and Title Map

5 LAWRANCE WAY sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 5 LAWRANCE 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 LAWRANCE 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 5 LAWRANCE WAY?

5 LAWRANCE WAY is located in THURLBY, in the PE10 postcode district. The below map shows the position of No. 5 on LAWRANCE WAY.