16, THE RIDINGS, BOURNE, PE10 0FS - £305,000

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

16 THE RIDINGS is a small detached house of 97m², built sometime from 2007 onwards. It was last sold for £305,000 in April 2021, which was around 7% below the average April 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

16 THE RIDINGS Sold Prices

Land registry data shows two sales for 16 THE RIDINGS 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 16 THE RIDINGS 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
2021 12 APR	£305,000	£327,868	7% below HPI
2006 11 MAY	£269,950	£219,760	23% above HPI

16 THE RIDINGS 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 16 THE RIDINGS sales from May 2006 and April 2021 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 May 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 THE RIDINGS?

16 THE RIDINGS is 97m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 16 THE RIDINGS lies on this distribution: 38% of detached houses are smaller than 16 THE RIDINGS, and 62% of houses are larger. Note that EPC data is not available for all properties in Bourne.

16 THE RIDINGS: Plot and Title Map

16 THE RIDINGS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 16 THE RIDINGS, 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 16 THE RIDINGS). 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 16 THE RIDINGS?

16 THE RIDINGS is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 16 on THE RIDINGS.