7, SPALDING ROAD, BOURNE, PE10 9LE - £159,950

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

7 SPALDING ROAD is a small detached house of 89m², built sometime between 1900 and 1929. It was last sold for £159,950 in April 2016, which was around 38% below the average April 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

7 SPALDING ROAD Sold Prices

Land registry data shows seven sales for 7 SPALDING ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the seven 7 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
2016 29 APR	£159,950	£256,568	38% below HPI
2013 10 MAY	£130,000	£212,669	39% below HPI
2009 25 SEP	£123,500	£200,264	38% below HPI
2003 27 OCT	£111,000	£185,309	40% below HPI
2001 19 SEP	£76,500	£123,675	38% below HPI
2000 16 FEB	£53,000	£93,600	43% below HPI
1997 17 JAN	£41,750	£74,178	44% below HPI

7 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 seven 7 SPALDING ROAD sales between January 1997 and April 2016 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 May 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 SPALDING ROAD?

7 SPALDING ROAD is 89m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 7 SPALDING ROAD lies on this distribution: 26% of detached houses are smaller than 7 SPALDING ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Bourne.

7 SPALDING ROAD: Plot and Title Map

7 SPALDING ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 7 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 7 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 7 SPALDING ROAD?

7 SPALDING ROAD is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 7 on SPALDING ROAD.