12, SPRINGBANK DRIVE, BOURNE, PE10 0GP - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 SPRINGBANK DRIVE is a midsized detached house of 107m². It was last sold for £215,000 in November 2016, which was around 21% below the average November 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

12 SPRINGBANK DRIVE Sold Prices

Land registry data shows four sales for 12 SPRINGBANK DRIVE 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 12 SPRINGBANK 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
2016 21 NOV	£215,000	£273,230	21% below HPI
2015 30 JAN	£178,000	£235,277	24% below HPI
2014 27 JUN	£180,000	£226,693	21% below HPI
2009 26 JUN	£163,000	£201,219	19% below HPI

12 SPRINGBANK DRIVE 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 12 SPRINGBANK DRIVE sales between June 2009 and November 2016 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 January 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 SPRINGBANK DRIVE?

12 SPRINGBANK DRIVE is 107m² according to the EPC inspection conducted in June 2009. 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 12 SPRINGBANK DRIVE lies on this distribution: 47% of detached houses are smaller than 12 SPRINGBANK DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bourne.

12 SPRINGBANK DRIVE: Plot and Title Map

12 SPRINGBANK DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 12 SPRINGBANK 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 12 SPRINGBANK 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 12 SPRINGBANK DRIVE?

12 SPRINGBANK DRIVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 12 on SPRINGBANK DRIVE.