6, WATER LANE, BOURNE, PE10 0QP - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 WATER LANE is a very large detached house of 199m², which could now be worth an estimated £427,682. It was last sold for £250,000 in December 2012, which was around 17% above the average December 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

6 WATER LANE Sold Prices

Land registry data shows two sales for 6 WATER LANE since 1^st 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. Both of the two 6 WATER LANE sales were 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
2012 3 DEC	£250,000	£213,160	17% above HPI
2010 26 NOV	£250,000	£218,283	15% above HPI

6 WATER LANE 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 two 6 WATER LANE sales from November 2010 and December 2012 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 November 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2012 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 6 WATER LANE be worth now?

6 WATER LANE might now be worth an estimated £427,682.

This is based on house price inflation of 71.1%, between December 2012 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.1% inflationary increase is applied to the most recent sale price for 6 WATER LANE of £250,000 on 3rd December 2012. For the value to have increased from £250,000 to £427,682 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 WATER LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WATER LANE has not materially changed since December 2012.

How Large is 6 WATER LANE?

6 WATER LANE is 199m² according to the EPC inspection conducted in October 2010. This puts it in the largest 10% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 6 WATER LANE lies on this distribution: 97% of detached houses houses are smaller than 6 WATER LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bourne.

6 WATER LANE: Plot and Title Map

6 WATER LANE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 6 WATER LANE, 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 WATER LANE). 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 6 WATER LANE?

6 WATER LANE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 6 on WATER LANE.