5, RANGOON WAY, BOURNE, PE10 9YJ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 RANGOON WAY is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2014, which was around 11% above the average January 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

5 RANGOON WAY Sold Prices

Land registry data shows two sales for 5 RANGOON 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 RANGOON WAY 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
2014 24 JAN	£250,000	£226,054	11% above HPI
1998 14 AUG	£102,000	£83,490	22% above HPI

5 RANGOON 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 RANGOON WAY sales from August 1998 and January 2014 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 August 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 5 RANGOON WAY be worth now?

5 RANGOON WAY might now be worth an estimated £407,354.

This is based on house price inflation of 62.9%, between January 2014 and December 2024, 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 62.9% inflationary increase is applied to the most recent sale price for 5 RANGOON WAY of £250,000 on 24th January 2014. For the value to have increased from £250,000 to £407,354 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 5 RANGOON WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RANGOON WAY has not materially changed since January 2014.

How Large is 5 RANGOON WAY?

5 RANGOON WAY is 114m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 5 RANGOON WAY lies on this distribution: 55% of detached houses houses are smaller than 5 RANGOON WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bourne.

5 RANGOON WAY: Plot and Title Map

5 RANGOON WAY sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 5 RANGOON 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 RANGOON 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 RANGOON WAY?

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