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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Wherrys Lane, Bourne is recorded publicly as a modern freehold house across 1,033 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Wherrys Lane, Bourne is £162,221 and its rental estimate is £799 per month, given the available information and assuming reasonable condition.
Wherrys Lane, Bourne, PE10 falls within the PE10 postal district, in the borough of South Kesteven.
16, Wherrys Lane, Bourne has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Wherrys Lane, Bourne, we estimate a market value of £170,332 and a rental value of £839 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,865 and £743 per month respectively.
Over the last year, 16, Wherrys Lane, Bourne has seen its estimated sale value move down by £7,350 (4.5%) and its estimated rental value increase by £20 per month (2.5%). This results in an estimated gross rental yield of 5.9%.
16, Wherrys Lane, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Wherrys Lane, Bourne completed on 8th July 2022 at £190,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.9% over the period since July 2022.
Over the past 2 years 3 properties similar to 16, Wherrys Lane, Bourne have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd November 2022, was 22, Wherrys Lane, Bourne, PE10 9HQ, a freehold house which sold for £172,500.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Wherrys Lane, Bourne, PE10, 16, Wherrys Lane, Bourne comes out as the 9th largest and the 8th most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the PE10 district.
From 16, Wherrys Lane, Bourne, the nearest station is Spalding, 15.1 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Wherrys Lane, Bourne, 38.7% of property is socially rented and 29.7% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Wherrys Lane, Bourne, 22.1% of residents are recorded as possessing school level qualifications and 16.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Wherrys Lane, Bourne, the average age was 41.6 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Wherrys Lane, Bourne, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Wherrys Lane, Bourne, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
