48, BOURNE ROAD, SPALDING, PE11 1JW - £162,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 BOURNE ROAD is a large detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £250,706. It was last sold for £162,995 in August 2014, which was around 10% below the average August 2014 detached price in the South Holland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

48 BOURNE ROAD Sold Prices

Land registry data shows four sales for 48 BOURNE ROAD 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 Holland local authority area for the corresponding sale date. The four 48 BOURNE ROAD sales were a mix of below the average price, and roughly equal to 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
2014 27 AUG	£162,995	£180,856	10% below HPI
2009 13 OCT	£148,000	£153,775	4% below HPI
2008 8 MAY	£187,500	£188,396	Close to HPI
2003 21 OCT	£140,000	£146,893	5% below HPI

48 BOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The four 48 BOURNE ROAD sales between October 2003 and August 2014 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 October 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 48 BOURNE ROAD be worth now?

48 BOURNE ROAD might now be worth an estimated £250,706.

This is based on house price inflation of 53.8%, between August 2014 and February 2025, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.8% inflationary increase is applied to the most recent sale price for 48 BOURNE ROAD of £162,995 on 27th August 2014. For the value to have increased from £162,995 to £250,706 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 48 BOURNE ROAD has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2014 sale price of £162,995 represented a fair market value for the property.
• The size, condition, and specification of 48 BOURNE ROAD has not materially changed since August 2014.

How Large is 48 BOURNE ROAD?

48 BOURNE ROAD is 120m² according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spalding, and where 48 BOURNE ROAD lies on this distribution: 61% of detached houses houses are smaller than 48 BOURNE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Spalding.

48 BOURNE ROAD: Plot and Title Map

48 BOURNE ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 48 BOURNE 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 48 BOURNE 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 48 BOURNE ROAD?

48 BOURNE ROAD is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 48 on BOURNE ROAD.