17, TEASEL DRIVE, BOURNE, PE10 0GB - £155,000

17 TEASEL DRIVE is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £155,000 in July 2015, which was around 38% below the average July 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

17 TEASEL DRIVE Sold Prices

Land registry data shows two sales for 17 TEASEL DRIVE 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 17 TEASEL DRIVE 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
2015 30 JUL	£155,000	£250,740	38% below HPI
2007 30 MAR	£170,950	£233,679	27% below HPI

17 TEASEL DRIVE 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 17 TEASEL DRIVE sales from March 2007 and July 2015 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 March 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 17 TEASEL DRIVE?

17 TEASEL DRIVE is 72m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 17 TEASEL DRIVE lies on this distribution: 9% of detached houses are smaller than 17 TEASEL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bourne.

17 TEASEL DRIVE: Plot and Title Map

17 TEASEL DRIVE sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 17 TEASEL DRIVE, 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 17 TEASEL DRIVE). 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 17 TEASEL DRIVE?

17 TEASEL DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 17 on TEASEL DRIVE.