4, Southwell Way
4, Southwell Way
Description & Estimates
Public records show 4, Southwell Way, Bourne to be a modern freehold house with 828 ft2 of internal area, sitting on a 212 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Southwell Way, Bourne has an estimated sale value of £227,075 and an estimated rental value of £1,006 per month, assuming reasonable condition and based on the information available.
Southwell Way, Bourne, PE10 lies in the borough of South Kesteven, within the PE10 postal district.
Our Data Sources
4, Southwell Way, Bourne has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated March 2018.
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.
Price Range & Condition
In very good condition, we estimate 4, Southwell Way, Bourne would be worth £238,429, with a potential rental value of £1,056 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,180, with a rental value of £935 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 4, Southwell Way, Bourne has declined by £10,288 (4.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £25 (2.5%). The property's estimated gross yield is currently 5.3%.
Plot Size
4, Southwell Way, Bourne occupies a 212 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
4, Southwell Way, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Southwell Way, Bourne last changed hands on 26th May 2022, selling for £259,995. 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 7.6% since May 2022.
- Sold May 2022£259,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 4, Southwell Way, Bourne across the last 2 years.
Most recently, 11, Stratford Place, Bourne, PE10 0YS, a freehold house, sold at £240,000 on the 19th December 2024.
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 4, Southwell Way, Bourne as the 6th largest and the 7th most expensive of the 13 addresses on Southwell Way, Bourne, PE10.
Against the PE10 postcode district average, it is £39k less expensive than the typical property.
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Schools Nearby
- 600mBourne Elsea Park Church of England Primary Academy
- 1.2kmBourne Westfield Primary Academy
- 1.4kmBourne Abbey Church of England Primary Academy
- 1.0kmBourne Grammar School
- 2.0kmBourne Academy
- 10.4kmCharles Read Academy
More reading links
Public Transport Nearby
Stamford (Lincs) station is the nearest stop to 4, Southwell Way, Bourne at 13.9 kilometres away.
- 13.9kmStamford (Lincs)
- 15.8kmSpalding
- 22.4kmPeterborough
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
