11, HEREWARD STREET, BOURNE, PE10 9EX - £95,000

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.

11 HEREWARD STREET is a very small terraced house of 38m², built sometime between 1900 and 1929, which could now be worth an estimated £120,943. It was last sold for £95,000 in September 2020, which was around 37% below the average September 2020 terraced price in the South Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was A.

11 HEREWARD STREET Sold Prices

Land registry data shows four sales for 11 HEREWARD STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the four 11 HEREWARD STREET 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
2020 15 SEP	£95,000	£151,432	37% below HPI
2018 18 DEC	£65,795	£147,464	55% below HPI
2007 1 MAY	£99,125	£124,740	21% below HPI
2005 20 MAY	£72,000	£104,789	31% below HPI

11 HEREWARD STREET 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 four 11 HEREWARD STREET sales between May 2005 and September 2020 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 December 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 11 HEREWARD STREET be worth now?

11 HEREWARD STREET might now be worth an estimated £120,943.

This is based on house price inflation of 27.3%, between September 2020 and July 2025, 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 27.3% inflationary increase is applied to the most recent sale price for 11 HEREWARD STREET of £95,000 on 15th September 2020. For the value to have increased from £95,000 to £120,943 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 11 HEREWARD STREET has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The September 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HEREWARD STREET has not materially changed since September 2020.

How Large is 11 HEREWARD STREET?

11 HEREWARD STREET is 38m² according to the EPC inspection conducted in April 2018. 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 11 HEREWARD STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 11 HEREWARD STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

11 HEREWARD STREET: Plot and Title Map

11 HEREWARD STREET sits on a plot of roughly 0.005 of an acre, or 20m². The below map shows the location of 11 HEREWARD STREET, 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 11 HEREWARD STREET). 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 11 HEREWARD STREET?

11 HEREWARD STREET is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 11 on HEREWARD STREET.