2, FOREST AVENUE, BOURNE, PE10 9RT - £285,000

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.

2 FOREST AVENUE is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £358,583. It was last sold for £285,000 in July 2019, which was around 4% below the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

2 FOREST AVENUE Sold Prices

Land registry data shows two sales for 2 FOREST AVENUE 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. One of the two 2 FOREST AVENUE sales was for below the average price, whilst the other was for above 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 4 JUL	£285,000	£295,835	4% below HPI
2012 1 JUN	£212,000	£210,627	1% above HPI

2 FOREST AVENUE 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 2 FOREST AVENUE sales from June 2012 and July 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 June 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 FOREST AVENUE be worth now?

2 FOREST AVENUE might now be worth an estimated £358,583.

This is based on house price inflation of 25.8%, between July 2019 and April 2026, for detached 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 25.8% inflationary increase is applied to the most recent sale price for 2 FOREST AVENUE of £285,000 on 4th July 2019. For the value to have increased from £285,000 to £358,583 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 2 FOREST AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOREST AVENUE has not materially changed since July 2019.

How Large is 2 FOREST AVENUE?

2 FOREST AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 2 FOREST AVENUE lies on this distribution: 12% of detached houses houses are smaller than 2 FOREST AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 FOREST AVENUE: Plot and Title Map

2 FOREST AVENUE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 2 FOREST AVENUE, 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 2 FOREST AVENUE). 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 2 FOREST AVENUE?

2 FOREST AVENUE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on FOREST AVENUE.