56, TARRAGON WAY, BOURNE, PE10 9NA - £165,000

56 TARRAGON WAY is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £165,000 in January 2014, which was around 28% below the average January 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

56 TARRAGON WAY Sold Prices

Land registry data shows two sales for 56 TARRAGON 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. Both of the two 56 TARRAGON WAY 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
2014 8 JAN	£165,000	£229,838	28% below HPI
2004 14 APR	£145,995	£190,867	24% below HPI

56 TARRAGON 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 56 TARRAGON WAY sales from April 2004 and January 2014 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 April 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 56 TARRAGON WAY?

56 TARRAGON WAY is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 56 TARRAGON WAY lies on this distribution: 11% of detached houses are smaller than 56 TARRAGON WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bourne.

56 TARRAGON WAY: Plot and Title Map

56 TARRAGON WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 56 TARRAGON 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 56 TARRAGON 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 56 TARRAGON WAY?

56 TARRAGON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 56 on TARRAGON WAY.