88, SPA CHASE, BOURNE, PE10 2AH - £290,000

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

88 SPA CHASE is a midsized detached house of 107m², built in 2018. It was last sold for £290,000 in August 2023, which was around 23% below the average August 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

88 SPA CHASE Sold Prices

Land registry data shows two sales for 88 SPA CHASE 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 88 SPA CHASE 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 4 AUG	£290,000	£377,476	23% below HPI
2022 29 APR	£275,000	£361,857	24% below HPI

88 SPA CHASE 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 88 SPA CHASE sales from April 2022 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 April 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 88 SPA CHASE?

88 SPA CHASE is 107m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 88 SPA CHASE lies on this distribution: 46% of detached houses are smaller than 88 SPA CHASE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bourne.

88 SPA CHASE: Plot and Title Map

88 SPA CHASE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 88 SPA CHASE, 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 88 SPA CHASE). 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 88 SPA CHASE?

88 SPA CHASE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 88 on SPA CHASE.