12, WATER LANE, BOURNE, PE10 0QP - £248,000

12 WATER LANE is a small detached house of 98m². It was last sold for £248,000 in April 2019, which was around 17% below the average April 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

12 WATER LANE Sold Prices

Land registry data shows three sales for 12 WATER LANE 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 12 WATER LANE 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
2019 9 APR	£248,000	£300,397	17% below HPI
2019 12 FEB	£245,000	£298,165	18% below HPI
2011 18 FEB	£154,995	£209,257	26% below HPI

12 WATER LANE 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 12 WATER LANE sales between February 2011 and April 2019 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 February 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 WATER LANE?

12 WATER LANE is 98m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 12 WATER LANE lies on this distribution: 40% of detached houses are smaller than 12 WATER LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bourne.

12 WATER LANE: Plot and Title Map

12 WATER LANE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 12 WATER LANE, 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 12 WATER LANE). 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 12 WATER LANE?

12 WATER LANE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 12 on WATER LANE.