15, THE BOURNE, WARE, SG12 0PU - £405,000

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.

15 THE BOURNE is a very small extended terraced house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £447,415. It was last sold for £405,000 in June 2023, which was around 8% above the average June 2023 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

15 THE BOURNE Sold Prices

Land registry data shows three sales for 15 THE BOURNE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. One of the three 15 THE BOURNE sales was for above the average price, whilst two 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
2023 26 JUN	£405,000	£374,708	8% above HPI
2015 28 JUL	£250,000	£296,462	16% below HPI
2003 5 DEC	£155,000	£179,425	14% below HPI

15 THE BOURNE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 15 THE BOURNE sales between December 2003 and June 2023 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 July 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 15 THE BOURNE be worth now?

15 THE BOURNE might now be worth an estimated £447,415.

This is based on house price inflation of 10.5%, between June 2023 and April 2026, for terraced houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 15 THE BOURNE of £405,000 on 26th June 2023. For the value to have increased from £405,000 to £447,415 over the three years and two months to April 2026, the following assumptions must hold true:

• The value of 15 THE BOURNE has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The June 2023 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE BOURNE has not materially changed since June 2023.

How Large is 15 THE BOURNE?

15 THE BOURNE is 60m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of terraced houses houses in Ware, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ware, and where 15 THE BOURNE lies on this distribution: 1% of terraced houses houses are smaller than 15 THE BOURNE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ware.

15 THE BOURNE: Plot and Title Map

15 THE BOURNE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 15 THE BOURNE, 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 15 THE BOURNE). 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 15 THE BOURNE?

15 THE BOURNE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 15 on THE BOURNE.