Smithy Cottage, Bourne
Smithy Cottage, Bourne
Description & Estimates
Smithy Cottage, Bourne is recorded publicly as a period freehold house across 1,011 ft2 of internal area, sitting on a 1,333 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Smithy Cottage, Bourne is £426,032 and its rental estimate is £1,238 per month, given the available information and assuming reasonable condition.
Main Road, Dunsby, Bourne, PE10 falls within the PE10 postal district, in the borough of South Kesteven.
Our Data Sources
Smithy Cottage, Bourne has 51 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated December 2023.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Smithy Cottage, Bourne, we estimate a market value of £447,333 and a rental value of £1,300 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £396,209 and £1,152 per month respectively.
Recent Market Change
Over the last year, Smithy Cottage, Bourne has seen its estimated sale value drop by £19,302 (4.5%) and its estimated rental value rise by £31 per month (2.5%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for Smithy Cottage, Bourne as measuring 1,333 m2.
That makes it the 11th largest plot in the postcode, where 19 of the 26 other houses have recorded plot data.
Energy Efficiency
Smithy Cottage, Bourne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Dec 2023.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Smithy Cottage, Bourne completed on 21st March 2024 at £445,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 5.3% over the period since March 2024.
- Sold Mar 2024£445,000
- Sold Sep 2010£320,000
- Sold May 2003£295,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Smithy Cottage, Bourne has sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2019, was 4, Parkers Place, Bourne, PE10 0FB, a freehold house which sold for £395,000.
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
Of the 30 addresses on Main Road, Dunsby, Bourne, PE10, Smithy Cottage, Bourne comes out as the 20th largest and the 5th most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the PE10 district.
More reading links
Schools Nearby
- 3.1kmThe Morton Church of England (Controlled) Primary School
- 4.9kmThe St Gilbert of Sempringham Church of England Primary School, Pointon
- 6.7kmThe Edenham Church of England School
- 6.3kmBourne Academy
- 7.5kmBourne Grammar School
- 10.7kmCharles Read Academy
More reading links
Public Transport Nearby
From Smithy Cottage, Bourne, the nearest station is Spalding, 14.3 kilometres away.
- 14.3kmSpalding
- 17.0kmHeckington
- 18.5kmRauceby
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
