5A, BOURNE ROAD, ESSENDINE, STAMFORD, PE9 4LH - £265,000

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

5A BOURNE ROAD is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £265,000 in March 2024, which was around 46% below the average March 2024 detached price in the Rutland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was A.

5A BOURNE ROAD Sold Prices

Land registry data shows two sales for 5A BOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 5A BOURNE 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
2024 21 MAR	£265,000	£491,696	46% below HPI
2002 8 FEB	£132,000	£176,413	25% below HPI

5A BOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 5A BOURNE ROAD sales from February 2002 and March 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 February 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 5A BOURNE ROAD?

5A BOURNE ROAD is 118m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where 5A BOURNE ROAD lies on this distribution: 51% of detached houses are smaller than 5A BOURNE ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Essendine.

5A BOURNE ROAD: Plot and Title Map

5A BOURNE ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 5A BOURNE 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 5A BOURNE 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.

Where is 5A BOURNE ROAD?

5A BOURNE ROAD is located in ESSENDINE, in the PE9 postcode district. The below map shows the position of No. 5A on BOURNE ROAD.