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
52 MEADOWGATE is a small extended detached house of 94m², built sometime between 1900 and 1929. It was last sold for £110,000 in April 2004, which was around 42% below the average April 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 52 MEADOWGATE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 52 MEADOWGATE 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 |
---|---|---|---|
2004 30 APR | £110,000 | £190,867 | 42% below HPI |
1998 1 OCT | £47,000 | £88,642 | 47% below HPI |
1996 30 OCT | £36,000 | £73,539 | 51% 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 three 52 MEADOWGATE sales between October 1996 and April 2004 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 October 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2004 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
52 MEADOWGATE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 52 MEADOWGATE lies on this distribution: 33% of detached houses are smaller than 52 MEADOWGATE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bourne.
52 MEADOWGATE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 52 MEADOWGATE, 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 52 MEADOWGATE). 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.
52 MEADOWGATE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 52 on MEADOWGATE.