2, THE RIDINGS, BOURNE, PE10 0FS - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE RIDINGS is a midsized detached house of 110m², built sometime between 2003 and 2006. It was last sold for £225,000 in November 2010, which was around 3% above the average November 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 THE RIDINGS Sold Prices

Land registry data shows two sales for 2 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. Both of the two 2 THE RIDINGS 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
2010 11 NOV	£225,000	£218,283	3% above HPI
2006 28 SEP	£289,950	£230,915	26% above HPI

2 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 2 THE RIDINGS sales from September 2006 and November 2010 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 September 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2010 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 THE RIDINGS be worth now?

2 THE RIDINGS might now be worth an estimated £379,670.

This is based on house price inflation of 68.7%, between November 2010 and December 2024, for 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 68.7% inflationary increase is applied to the most recent sale price for 2 THE RIDINGS of £225,000 on 11th November 2010. For the value to have increased from £225,000 to £379,670 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 THE RIDINGS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2010 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RIDINGS has not materially changed since November 2010.

How Large is 2 THE RIDINGS?

2 THE RIDINGS is 110m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 2 THE RIDINGS lies on this distribution: 50% of detached houses houses are smaller than 2 THE RIDINGS, and 49% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 THE RIDINGS: Plot and Title Map

2 THE RIDINGS sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 2 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 2 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 2 THE RIDINGS?

2 THE RIDINGS is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on THE RIDINGS.