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
58A NORTH ROAD is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £225,000 in March 2017, which was around 18% below the average March 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 58A NORTH ROAD 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 58A NORTH ROAD 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 24 MAR | £225,000 | £275,269 | 18% below HPI |
2016 23 MAR | £197,500 | £259,840 | 24% below HPI |
1996 2 FEB | £47,000 | £67,888 | 31% 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 58A NORTH ROAD sales between February 1996 and March 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
58A NORTH ROAD is 93m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 58A NORTH ROAD lies on this distribution: 31% of detached houses are smaller than 58A NORTH ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Bourne.
58A NORTH ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 58A NORTH ROAD, 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 58A NORTH ROAD). 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.
58A NORTH ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 58A on NORTH ROAD.