15, WATER LANE, BOURNE, PE10 0QP - £260,000

15 WATER LANE is a midsized detached house of 116m², built sometime from 2007 onwards. It was last sold for £260,000 in August 2020, which was around 15% below the average August 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

15 WATER LANE Sold Prices

Land registry data shows two sales for 15 WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 15 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
2020 21 AUG	£260,000	£306,658	15% below HPI
2011 15 APR	£179,995	£214,963	16% below HPI

15 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 two 15 WATER LANE sales from April 2011 and August 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 April 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 WATER LANE?

15 WATER LANE is 116m² according to the EPC inspection conducted in June 2019. This puts it in the largest 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 15 WATER LANE lies on this distribution: 58% of detached houses are smaller than 15 WATER LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 WATER LANE: Plot and Title Map

15 WATER LANE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 15 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 15 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 15 WATER LANE?

15 WATER LANE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 15 on WATER LANE.