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
6 MANDALAY DRIVE is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £350,000 in November 2022, which was around 8% below the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 6 MANDALAY DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 6 MANDALAY DRIVE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2022 11 NOV | £350,000 | £381,399 | 8% below HPI |
1997 11 APR | £88,000 | £75,512 | 17% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 6 MANDALAY DRIVE sales from April 1997 and November 2022 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 April 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
6 MANDALAY DRIVE is 108m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 6 MANDALAY DRIVE lies on this distribution: 47% of detached houses are smaller than 6 MANDALAY DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bourne.
6 MANDALAY DRIVE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 6 MANDALAY DRIVE, 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 6 MANDALAY DRIVE). 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.
6 MANDALAY DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 6 on MANDALAY DRIVE.