6, THE SPINDLES, BOURNE, PE10 9TB - £370,000

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

6 THE SPINDLES is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £370,000 in August 2023, which was around 2% below the average August 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

6 THE SPINDLES Sold Prices

Land registry data shows two sales for 6 THE SPINDLES 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 6 THE SPINDLES 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
2023 30 AUG	£370,000	£377,476	2% below HPI
1995 23 JAN	£77,500	£69,482	12% above HPI

6 THE SPINDLES 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 6 THE SPINDLES sales from January 1995 and August 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 January 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 6 THE SPINDLES?

6 THE SPINDLES is 93m² according to the EPC inspection conducted in November 2022. 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 6 THE SPINDLES lies on this distribution: 31% of detached houses are smaller than 6 THE SPINDLES, and 67% of houses are larger. Note that EPC data is not available for all properties in Bourne.

6 THE SPINDLES: Plot and Title Map

6 THE SPINDLES sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 6 THE SPINDLES, 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 6 THE SPINDLES). 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 6 THE SPINDLES?

6 THE SPINDLES is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 6 on THE SPINDLES.