31, LAVENDER WAY, BOURNE, PE10 9TT - £265,000

31 LAVENDER WAY is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2016, which was about the average February 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

31 LAVENDER WAY Sold Prices

Land registry data shows three sales for 31 LAVENDER WAY 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. The three 31 LAVENDER WAY sales were a mix of roughly equal to the average price, above the average price, and 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
2016 15 FEB	£265,000	£264,336	Close to HPI
2015 30 NOV	£245,000	£258,421	5% below HPI
2000 4 AUG	£142,500	£107,259	33% above HPI

31 LAVENDER WAY 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 31 LAVENDER WAY sales between August 2000 and February 2016 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 November 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 31 LAVENDER WAY?

31 LAVENDER WAY is 108m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 31 LAVENDER WAY lies on this distribution: 47% of detached houses are smaller than 31 LAVENDER WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bourne.

31 LAVENDER WAY: Plot and Title Map

31 LAVENDER WAY sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 31 LAVENDER WAY, 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 31 LAVENDER WAY). 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 31 LAVENDER WAY?

31 LAVENDER WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 31 on LAVENDER WAY.