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According to the public record, 22, Spa Chase, Bourne is a modern freehold house with 1,227 ft2 of internal area.
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 22, Spa Chase, Bourne is £267,867 and the estimated rental value is £1,184 per month.
Spa Chase, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
22, Spa Chase, Bourne has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 22, Spa Chase, Bourne is in very good condition we estimate a sale value of £281,261 and a rental value of £1,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,117 and a rental value of £1,101 per month.
Over the last 12 months the sale value of 22 Spa Chase Bourne has decreased by an estimated £13,811 (5.2%) and its rental value has increased by an estimated £17 per month (1.5%), giving an expected gross yield of 5.3%.
22, Spa Chase, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 22, Spa Chase, Bourne was last sold on 9th October 2023 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Spa Chase, Bourne within a radius of 850 metres over the last 2 years.
The most recent example is 20, Spa Chase, Bourne, PE10 2AH, a freehold house which sold for £330,000 on the 22nd December 2023.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Chase, Bourne, PE10 has a total of 86 addresses. According to our analysis of all the public data, 22, Spa Chase, Bourne is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in PE10.
The closest station to 22, Spa Chase, Bourne is Stamford (Lincs) station which is 13.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Spa Chase, Bourne, % of property is and % is .
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 22, Spa Chase, Bourne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 22, Spa Chase, 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 22, Spa Chase, Bourne, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.