88, STEPHENSON WAY, BOURNE, PE10 9DD - £310,000

88 STEPHENSON WAY is a midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £310,000 in January 2022, which was around 12% below the average January 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

88 STEPHENSON WAY Sold Prices

Land registry data shows four sales for 88 STEPHENSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 88 STEPHENSON 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
2022 19 JAN	£310,000	£350,318	12% below HPI
2003 28 MAR	£149,995	£165,958	10% below HPI
2000 16 MAY	£85,500	£102,325	16% below HPI
1997 28 AUG	£57,000	£79,371	28% below HPI

88 STEPHENSON 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 four 88 STEPHENSON WAY sales between August 1997 and January 2022 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 March 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 88 STEPHENSON WAY?

88 STEPHENSON WAY is 102m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 88 STEPHENSON WAY lies on this distribution: 42% of detached houses are smaller than 88 STEPHENSON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Bourne.

88 STEPHENSON WAY: Plot and Title Map

88 STEPHENSON WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 88 STEPHENSON 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 88 STEPHENSON 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 88 STEPHENSON WAY?

88 STEPHENSON WAY is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 88 on STEPHENSON WAY.