9, SOUTHWELL WAY, BOURNE, PE10 0YT - £162,000

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.

9 SOUTHWELL WAY is a very small semi-detached house of 53m², which could now be worth an estimated £166,727. It was last sold for £162,000 in May 2022, which was around 29% below the average May 2022 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

9 SOUTHWELL WAY Sold Prices

Land registry data shows two sales for 9 SOUTHWELL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 9 SOUTHWELL WAY 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 6 MAY	£162,000	£229,559	29% below HPI
2018 21 JUN	£139,995	£185,497	25% below HPI

9 SOUTHWELL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 9 SOUTHWELL WAY sales from June 2018 and May 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 June 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 SOUTHWELL WAY be worth now?

9 SOUTHWELL WAY might now be worth an estimated £166,727.

This is based on house price inflation of 2.9%, between May 2022 and February 2025, for semi-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 2.9% inflationary increase is applied to the most recent sale price for 9 SOUTHWELL WAY of £162,000 on 6th May 2022. For the value to have increased from £162,000 to £166,727 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 9 SOUTHWELL WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2022 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SOUTHWELL WAY has not materially changed since May 2022.

How Large is 9 SOUTHWELL WAY?

9 SOUTHWELL WAY is 53m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bourne, and where 9 SOUTHWELL WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 9 SOUTHWELL WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

9 SOUTHWELL WAY: Plot and Title Map

9 SOUTHWELL WAY sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 9 SOUTHWELL 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 9 SOUTHWELL 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 9 SOUTHWELL WAY?

9 SOUTHWELL WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 9 on SOUTHWELL WAY.