8 The Cornmill, Bourne
8 The Cornmill, Bourne
Description & Estimates
According to the public record, 8 The Cornmill, Bourne is a modern freehold house with 1,453 ft2 of internal area and sits on a 71.2 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 8 The Cornmill, Bourne is £279,584 and the estimated rental value is £1,199 per month.
South Street, Bourne, PE10 is located in the borough of South Kesteven within the PE10 postal district.
Our Data Sources
8 The Cornmill, Bourne has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated June 2019.
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.
Price Range & Condition
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 8 The Cornmill, Bourne is in very good condition we estimate a sale value of £293,563 and a rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,013 and a rental value of £1,115 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8 The Cornmill, Bourne has decreased by £15,621 (5.6%), while its estimated rental value has grown by £16 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 8 The Cornmill, Bourne sits on a plot of 71 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 8 The Cornmill, Bourne sits on the largest plot.
Energy Efficiency
8 The Cornmill, Bourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8 The Cornmill, Bourne was last sold on 29th October 2021 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has risen by 15.7%.
- Sold Oct 2021£275,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 The Cornmill, Bourne within a radius of 610 metres over the last 2 years.
The most recent example is 65, Great Northern Gardens, Bourne, PE10 9EH, a freehold house which sold for £320,000 on the 26th February 2024.
Read more about house prices in PE10.
- Sold Feb 2024£320,000 | 4 Bed House65, Great Northern Gardens, Bourne, PE10 9EH65, Great Northern Gardens, Bourne, PE10 9EH
- Sold Mar 2022£315,000 | 4 Bed House7 The Cornmill, South Street, Bourne, PE10 9GN7 The Cornmill, South Street, Bourne, PE10 9GN
- Sold Nov 2019£275,000 | 4 Bed House9 The Cornmill, South Street, Bourne, PE10 9GN9 The Cornmill, South Street, Bourne, PE10 9GN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
South Street, Bourne, PE10 has a total of 64 addresses. According to our analysis of all the public data, 8 The Cornmill, Bourne is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in PE10.
More reading links
Schools Nearby
- 400mBourne Abbey Church of England Primary Academy
- 800mBourne Elsea Park Church of England Primary Academy
- 900mBourne Westfield Primary Academy
- 500mBourne Grammar School
- 900mBourne Academy
- 10.5kmCharles Read Academy
More reading links
Public Transport Nearby
The closest station to 8 The Cornmill, Bourne is Spalding station, which is 15.0 kilometres away.
- 15.0kmSpalding
- 15.0kmStamford (Lincs)
- 23.0kmPeterborough
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
