7, ELSEA PARK WAY, BOURNE, PE10 0QT - £277,500

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.

7 ELSEA PARK WAY is a midsized extended detached house of 112m², built sometime from 2007 onwards, which could now be worth an estimated £312,521. It was last sold for £277,500 in March 2021, which was around 14% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

7 ELSEA PARK WAY Sold Prices

Land registry data shows two sales for 7 ELSEA PARK WAY 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. One of the two 7 ELSEA PARK WAY 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
2021 5 MAR	£277,500	£323,795	14% below HPI
2007 21 DEC	£249,950	£240,571	4% above HPI

7 ELSEA PARK 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 two 7 ELSEA PARK WAY sales from December 2007 and March 2021 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 December 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 ELSEA PARK WAY be worth now?

7 ELSEA PARK WAY might now be worth an estimated £312,521.

This is based on house price inflation of 12.6%, between March 2021 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 12.6% inflationary increase is applied to the most recent sale price for 7 ELSEA PARK WAY of £277,500 on 5th March 2021. For the value to have increased from £277,500 to £312,521 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 7 ELSEA PARK WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2021 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ELSEA PARK WAY has not materially changed since March 2021.

How Large is 7 ELSEA PARK WAY?

7 ELSEA PARK WAY is 112m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% 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 7 ELSEA PARK WAY lies on this distribution: 52% of detached houses houses are smaller than 7 ELSEA PARK WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Bourne.

7 ELSEA PARK WAY: Plot and Title Map

7 ELSEA PARK WAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 7 ELSEA PARK 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 7 ELSEA PARK 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 7 ELSEA PARK WAY?

7 ELSEA PARK WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 7 on ELSEA PARK WAY.