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According to the public record, 40, Spa Chase, Bourne is a modern freehold house with 1,162 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 40, Spa Chase, Bourne is £253,987 and the estimated rental value is £1,135 per month.
Spa Chase, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
40, Spa Chase, Bourne has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated March 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 40, Spa Chase, Bourne is in very good condition we estimate a sale value of £266,686 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,208 and a rental value of £1,056 per month.
Over the last 12 months the sale value of 40 Spa Chase Bourne has decreased by an estimated £13,095 (5.2%) and its rental value has increased by an estimated £16 per month (1.5%), giving an expected gross yield of 5.4%.
40, Spa Chase, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 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, 40, Spa Chase, Bourne was last sold on 9th June 2023 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Spa Chase, Bourne within a radius of 840 metres over the last 2 years.
The most recent example is 27, Spa Chase, Bourne, PE10 2AG, a freehold house which sold for £290,000 on the 26th June 2025.
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, 40, Spa Chase, Bourne is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in PE10.
The closest station to 40, 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 40, 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 40, 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 40, 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 40, 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.