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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
According to the public record, 2, Ford Lane, Bourne is a mid-century freehold house with 1,205 ft2 of internal area and sits on a 894 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ford Lane, Bourne is £317,369 and the estimated rental value is £1,192 per month.
Ford Lane, Morton, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
2, Ford Lane, Bourne has 21 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated October 2012.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Ford Lane, Bourne is in very good condition we estimate a sale value of £333,237 and a rental value of £1,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,153 and a rental value of £1,109 per month.
Over the last 12 months the sale value of 2 Ford Lane Bourne has decreased by an estimated £17,732 (5.6%) and its rental value has increased by an estimated £16 per month (1.4%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Ford Lane, Bourne sits on a plot of 894m2.
We have plot size data on 17 out of 18 other houses in the postcode and 2, Ford Lane, Bourne sits on the 2nd largest plot.
2, Ford Lane, Bourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Ford Lane, Bourne was last sold on 25th April 2017 for £295,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2017, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ford Lane, Bourne within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 1, Ford Lane, Bourne, PE10 0RQ, a freehold house which sold for £226,350 on the 15th June 2021.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ford Lane, Morton, Bourne, PE10 has a total of 18 addresses. According to our analysis of all the public data, 2, Ford Lane, Bourne is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in PE10.
The closest station to 2, Ford Lane, Bourne is Spalding station which is 15.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Ford Lane, Bourne, 42.9% of property is privately owned outright and 27.1% is privately owned with a mortgage.
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 2, Ford Lane, Bourne, 14.8% of residents are recorded as possessing school level qualifications and 22.9% 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 2, Ford Lane, Bourne, the average age was 46.4 and the most common age was 57.
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 2, Ford 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 2, Ford Lane, Bourne, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
