8, STEPHENSON WAY, BOURNE, PE10 9DA - £165,000

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.

8 STEPHENSON WAY is a semi-detached house, which could now be worth an estimated £248,784. It was last sold for £165,000 in October 2007, which was around 5% above the average October 2007 semi-detached price in the South Kesteven local authority area.

8 STEPHENSON WAY Sold Prices

Land registry data shows three sales for 8 STEPHENSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 8 STEPHENSON WAY sales were 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
2007 5 OCT	£165,000	£156,691	5% above HPI
2003 2 MAY	£125,000	£103,338	21% above HPI
1999 5 MAR	£54,000	£53,139	2% above HPI

What might 8 STEPHENSON WAY be worth now?

8 STEPHENSON WAY might now be worth an estimated £248,784.

This is based on house price inflation of 50.8%, between October 2007 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 50.8% inflationary increase is applied to the most recent sale price for 8 STEPHENSON WAY of £165,000 on 5th October 2007. For the value to have increased from £165,000 to £248,784 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 8 STEPHENSON WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2007 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STEPHENSON WAY has not materially changed since October 2007.

Where is 8 STEPHENSON WAY?

8 STEPHENSON WAY is located in BOURNE, in the PE10 postcode district.