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
73 MILL DROVE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £365,000 in March 2021, which was around 11% above the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 73 MILL DROVE 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 73 MILL DROVE 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 |
---|---|---|---|
2021 5 MAR | £365,000 | £329,215 | 11% above HPI |
1999 12 FEB | £96,000 | £90,085 | 7% above HPI |
1997 31 JUL | £105,000 | £78,035 | 35% 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 three 73 MILL DROVE sales between July 1997 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 February 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
73 MILL DROVE is 125m² according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 73 MILL DROVE lies on this distribution: 69% of detached houses are smaller than 73 MILL DROVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bourne.
73 MILL DROVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 73 MILL DROVE, 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 73 MILL DROVE). 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.
73 MILL DROVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 73 on MILL DROVE.