54, TARRAGON WAY, BOURNE, PE10 9NA - £285,000

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

54 TARRAGON WAY is a midsized extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £285,000 in July 2020, which was around 6% below the average July 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

54 TARRAGON WAY Sold Prices

Land registry data shows four sales for 54 TARRAGON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 54 TARRAGON 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
2020 16 JUL	£285,000	£304,538	6% below HPI
2017 3 MAR	£280,000	£275,269	2% above HPI
2010 31 MAR	£200,000	£212,980	6% below HPI
2004 26 MAR	£182,995	£188,092	3% below HPI

54 TARRAGON 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 four 54 TARRAGON WAY sales between March 2004 and July 2020 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 54 TARRAGON WAY?

54 TARRAGON WAY is 116m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 54 TARRAGON WAY lies on this distribution: 59% of detached houses are smaller than 54 TARRAGON WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Bourne.

54 TARRAGON WAY: Plot and Title Map

54 TARRAGON WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 54 TARRAGON 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 54 TARRAGON 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 54 TARRAGON WAY?

54 TARRAGON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 54 on TARRAGON WAY.