5, PERIWINKLE WAY, BOURNE, PE10 0FJ - £272,000

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.

5 PERIWINKLE WAY is a midsized detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £333,540. It was last sold for £272,000 in December 2019, which was around 9% below the average December 2019 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.

5 PERIWINKLE WAY Sold Prices

Land registry data shows two sales for 5 PERIWINKLE WAY 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 5 PERIWINKLE WAY 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 12 DEC	£272,000	£298,831	9% below HPI
2006 11 AUG	£235,000	£226,796	4% above HPI

5 PERIWINKLE 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 two 5 PERIWINKLE WAY sales from August 2006 and December 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 August 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 PERIWINKLE WAY be worth now?

5 PERIWINKLE WAY might now be worth an estimated £333,540.

This is based on house price inflation of 22.6%, between December 2019 and May 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 22.6% inflationary increase is applied to the most recent sale price for 5 PERIWINKLE WAY of £272,000 on 12th December 2019. For the value to have increased from £272,000 to £333,540 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 PERIWINKLE WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2019 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PERIWINKLE WAY has not materially changed since December 2019.

How Large is 5 PERIWINKLE WAY?

5 PERIWINKLE WAY is 116m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% 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 5 PERIWINKLE WAY lies on this distribution: 59% of detached houses houses are smaller than 5 PERIWINKLE WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Bourne.

5 PERIWINKLE WAY: Plot and Title Map

5 PERIWINKLE WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 PERIWINKLE 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 5 PERIWINKLE 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 5 PERIWINKLE WAY?

5 PERIWINKLE WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 5 on PERIWINKLE WAY.