24, SPALDING ROAD, BOURNE, PE10 0AT - £340,000

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

24 SPALDING ROAD is a very large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £340,000 in October 2023, which was around 10% below the average October 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

24 SPALDING ROAD Sold Prices

Land registry data shows five sales for 24 SPALDING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 24 SPALDING ROAD 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
2023 20 OCT	£340,000	£378,999	10% below HPI
2015 14 SEP	£271,000	£251,056	8% above HPI
2010 19 NOV	£208,000	£221,937	6% below HPI
2008 5 MAR	£190,000	£236,000	19% below HPI
1995 12 APR	£77,000	£69,187	11% above HPI

24 SPALDING ROAD 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 five 24 SPALDING ROAD sales between April 1995 and October 2023 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 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 24 SPALDING ROAD?

24 SPALDING ROAD is 157m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 24 SPALDING ROAD lies on this distribution: 88% of detached houses are smaller than 24 SPALDING ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Bourne.

24 SPALDING ROAD: Plot and Title Map

24 SPALDING ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 24 SPALDING ROAD, 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 24 SPALDING ROAD). 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 24 SPALDING ROAD?

24 SPALDING ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 24 on SPALDING ROAD.