8, MILL DROVE, BOURNE, PE10 9BX - £510,000

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

8 MILL DROVE is a very large extended detached house of 195m², built sometime between 1930 and 1949. It was last sold for £510,000 in April 2018, which was around 70% above the average April 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

8 MILL DROVE Sold Prices

Land registry data shows two sales for 8 MILL DROVE 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 8 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
2018 26 APR	£510,000	£299,976	70% above HPI
2002 24 OCT	£221,500	£155,618	42% above HPI

8 MILL DROVE 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 8 MILL DROVE sales from October 2002 and April 2018 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 October 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2018 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 8 MILL DROVE?

8 MILL DROVE is 195m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 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 8 MILL DROVE lies on this distribution: 97% of detached houses are smaller than 8 MILL DROVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 MILL DROVE: Plot and Title Map

8 MILL DROVE sits on a plot of roughly 0.388 of an acre, or 1,570m². The below map shows the location of 8 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 8 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.

Where is 8 MILL DROVE?

8 MILL DROVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 8 on MILL DROVE.