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 UPPER BOURNE LANE is a small extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £900,000 in February 2024, which was around 8% above the average February 2024 detached price in the Waverley local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 5 UPPER BOURNE LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Most of the four 5 UPPER BOURNE LANE 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 |
---|---|---|---|
2024 9 FEB | £900,000 | £829,638 | 8% above HPI |
2020 13 AUG | £705,000 | £770,323 | 8% below HPI |
2008 3 NOV | £410,000 | £480,893 | 15% below HPI |
2003 24 OCT | £390,000 | £402,040 | 3% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The four 5 UPPER BOURNE LANE sales between October 2003 and February 2024 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
5 UPPER BOURNE LANE is 135m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Boundstone, based on EPC data. The below chart shows the distribution of detached houses by size in Boundstone, and where 5 UPPER BOURNE LANE lies on this distribution: 38% of detached houses are smaller than 5 UPPER BOURNE LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Boundstone.
5 UPPER BOURNE LANE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 UPPER BOURNE LANE, 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 UPPER BOURNE LANE). 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 UPPER BOURNE LANE is located in WRECCLESHAM, in the GU10 postcode district. The below map shows the position of No. 5 on UPPER BOURNE LANE.