3, Water Lane
3, Water Lane
Description & Estimates
The public record lists 3, Water Lane, Bourne as a freehold house.
Comparison with its neighbours suggests a modern house with 2,635 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
3, Water Lane, Bourne has an estimated sale value of £500,991 and an estimated rental value of £1,829 per month, assuming reasonable condition and based on the information available.
Water Lane, Thurlby, Bourne, PE10 lies in the borough of South Kesteven, within the PE10 postal district.
Our Data Sources
3, Water Lane, Bourne has a single entry in the Land Registry from August 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Water Lane, Bourne would be worth £526,040, with a potential rental value of £1,920 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £465,921, with a rental value of £1,701 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Water Lane, Bourne has dropped by £28,955 (5.8%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (1.4%). The property's estimated gross yield is currently 4.4%.
Sold Prices
3, Water Lane, Bourne last changed hands on 24th August 2022, selling for £690,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 15.7% since August 2022.
- Sold Aug 2022£690,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 3, Water Lane, Bourne across the last 2 years.
Most recently, 3, Dole Wood View, Bourne, PE10 0JR, a freehold house, sold at £190,000 on the 11th October 2019.
Read more about house prices in PE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Water Lane, Bourne as the largest and the most expensive of the 40 addresses on Water Lane, Thurlby, Bourne, PE10.
Against the PE10 postcode district average, it is £235k more expensive than the typical property.
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Schools Nearby
- 300mThurlby Community Primary Academy
- 2.1kmBourne Elsea Park Church of England Primary Academy
- 3.0kmBourne Abbey Church of England Primary Academy
- 2.4kmBourne Grammar School
- 3.7kmBourne Academy
- 9.4kmThe Deepings School
More reading links
Public Transport Nearby
Stamford (Lincs) station is the nearest stop to 3, Water Lane, Bourne at 12.3 kilometres away.
- 12.3kmStamford (Lincs)
- 16.2kmSpalding
- 20.6kmPeterborough
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
