22, THE RIDINGS, BOURNE, PE10 0FS - £272,000

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

22 THE RIDINGS is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £272,000 in October 2021, which was around 19% below the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

22 THE RIDINGS Sold Prices

Land registry data shows two sales for 22 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 22 THE RIDINGS 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
2021 7 OCT	£272,000	£336,149	19% below HPI
2006 30 JAN	£187,950	£209,685	10% below HPI

22 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 22 THE RIDINGS sales from January 2006 and October 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 January 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 22 THE RIDINGS be worth now?

22 THE RIDINGS might now be worth an estimated £298,045.

This is based on house price inflation of 9.6%, between October 2021 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 9.6% inflationary increase is applied to the most recent sale price for 22 THE RIDINGS of £272,000 on 7th October 2021. For the value to have increased from £272,000 to £298,045 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 22 THE RIDINGS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2021 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE RIDINGS has not materially changed since October 2021.

How Large is 22 THE RIDINGS?

22 THE RIDINGS is 74m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% 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 22 THE RIDINGS lies on this distribution: 10% of detached houses houses are smaller than 22 THE RIDINGS, and 90% of houses are larger. Note that EPC data is not available for all properties in Bourne.

22 THE RIDINGS: Plot and Title Map

22 THE RIDINGS sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 22 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 22 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 22 THE RIDINGS?

22 THE RIDINGS is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 22 on THE RIDINGS.