40, TORFRIDA DRIVE, BOURNE, PE10 9QF - £195,000

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.

40 TORFRIDA DRIVE is a very small semi-detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £203,303. It was last sold for £195,000 in May 2023, which was around 14% below the average May 2023 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

40 TORFRIDA DRIVE Sold Prices

Land registry data shows four sales for 40 TORFRIDA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 40 TORFRIDA 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
2023 19 MAY	£195,000	£226,607	14% below HPI
2006 20 NOV	£130,000	£147,714	12% below HPI
2004 14 DEC	£127,000	£136,838	7% below HPI
1999 26 MAR	£52,000	£53,139	2% below HPI

40 TORFRIDA DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 40 TORFRIDA DRIVE sales between March 1999 and May 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 November 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 40 TORFRIDA DRIVE be worth now?

40 TORFRIDA DRIVE might now be worth an estimated £203,303.

This is based on house price inflation of 4.3%, between May 2023 and May 2026, for semi-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 4.3% inflationary increase is applied to the most recent sale price for 40 TORFRIDA DRIVE of £195,000 on 19th May 2023. For the value to have increased from £195,000 to £203,303 over the three years to May 2026, the following assumptions must hold true:

• The value of 40 TORFRIDA DRIVE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2023 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 40 TORFRIDA DRIVE has not materially changed since May 2023.

How Large is 40 TORFRIDA DRIVE?

40 TORFRIDA DRIVE is 66m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bourne, and where 40 TORFRIDA DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 40 TORFRIDA DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bourne.

40 TORFRIDA DRIVE: Plot and Title Map

40 TORFRIDA DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 40 TORFRIDA 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 40 TORFRIDA 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 40 TORFRIDA DRIVE?

40 TORFRIDA DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 40 on TORFRIDA DRIVE.