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

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

8 THE SPINDLES is a very large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2019, which was around 25% above the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

8 THE SPINDLES Sold Prices

Land registry data shows two sales for 8 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. Both of the two 8 THE SPINDLES sales were 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
2019 14 MAR	£370,000	£295,292	25% above HPI
1996 29 JUL	£88,500	£71,909	23% above HPI

8 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 8 THE SPINDLES sales from July 1996 and March 2019 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 July 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 THE SPINDLES be worth now?

8 THE SPINDLES might now be worth an estimated £461,524.

This is based on house price inflation of 24.7%, between March 2019 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 24.7% inflationary increase is applied to the most recent sale price for 8 THE SPINDLES of £370,000 on 14th March 2019. For the value to have increased from £370,000 to £461,524 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 8 THE SPINDLES has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE SPINDLES has not materially changed since March 2019.

How Large is 8 THE SPINDLES?

8 THE SPINDLES is 147m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 8 THE SPINDLES lies on this distribution: 84% of detached houses houses are smaller than 8 THE SPINDLES, and 16% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 THE SPINDLES: Plot and Title Map

8 THE SPINDLES sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 8 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 8 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 8 THE SPINDLES?

8 THE SPINDLES is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 8 on THE SPINDLES.