1, PERIWINKLE WAY, BOURNE, PE10 0FJ - £123,500

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.

1 PERIWINKLE WAY is a very small terraced house of 41m², built sometime between 2003 and 2006, which could now be worth an estimated £126,806. It was last sold for £123,500 in May 2022, which was around 33% below the average May 2022 terraced price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

1 PERIWINKLE WAY Sold Prices

Land registry data shows two sales for 1 PERIWINKLE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 1 PERIWINKLE 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	£123,500	£184,294	33% below HPI
2006 17 NOV	£100,000	£118,969	16% below HPI

1 PERIWINKLE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 1 PERIWINKLE WAY sales from November 2006 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 November 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 PERIWINKLE WAY be worth now?

1 PERIWINKLE WAY might now be worth an estimated £126,806.

This is based on house price inflation of 2.7%, between May 2022 and May 2026, for terraced 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 2.7% inflationary increase is applied to the most recent sale price for 1 PERIWINKLE WAY of £123,500 on 6th May 2022. For the value to have increased from £123,500 to £126,806 over the four years to May 2026, the following assumptions must hold true:

• The value of 1 PERIWINKLE WAY has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The May 2022 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PERIWINKLE WAY has not materially changed since May 2022.

How Large is 1 PERIWINKLE WAY?

1 PERIWINKLE WAY is 41m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of terraced houses houses in Bourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bourne, and where 1 PERIWINKLE WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 PERIWINKLE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

1 PERIWINKLE WAY: Plot and Title Map

1 PERIWINKLE WAY sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of 1 PERIWINKLE 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 1 PERIWINKLE 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 1 PERIWINKLE WAY?

1 PERIWINKLE WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 1 on PERIWINKLE WAY.