7A, MEADOWGATE, BOURNE, PE10 9EZ - £210,000

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

7A MEADOWGATE is a very small extended detached house of 62m², built sometime between 1950 and 1966. It was last sold for £210,000 in October 2022, which was around 46% below the average October 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

7A MEADOWGATE Sold Prices

Land registry data shows three sales for 7A MEADOWGATE since 1^st 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 7A MEADOWGATE 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
2022 24 OCT	£210,000	£386,120	46% below HPI
2017 24 NOV	£169,000	£289,662	42% below HPI
2004 2 JUL	£100,000	£201,007	50% below HPI

7A MEADOWGATE 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 three 7A MEADOWGATE sales between July 2004 and October 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 November 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 7A MEADOWGATE?

7A MEADOWGATE is 62m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 7A MEADOWGATE lies on this distribution: 4% of detached houses are smaller than 7A MEADOWGATE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bourne.

7A MEADOWGATE: Plot and Title Map

7A MEADOWGATE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 7A MEADOWGATE, 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 7A MEADOWGATE). 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 7A MEADOWGATE?

7A MEADOWGATE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 7A on MEADOWGATE.