8, THE SPINDLES, BOURNE, PE10 9TB - £370,000

8 THE SPINDLES is a very large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2019, which was around 23% above the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

8 THE SPINDLES Sold Prices

Land registry data shows two sales for 8 THE SPINDLES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 8 THE SPINDLES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 14 MAR	£370,000	£300,234	23% above HPI
1996 29 JUL	£88,500	£73,113	21% above HPI

8 THE SPINDLES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 8 THE SPINDLES sales from July 1996 and March 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1996 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 THE SPINDLES?

8 THE SPINDLES is 147m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 8 THE SPINDLES lies on this distribution: 83% of detached houses are smaller than 8 THE SPINDLES, and 16% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 THE SPINDLES: Plot and Title Map

8 THE SPINDLES sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 8 THE SPINDLES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 THE SPINDLES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 THE SPINDLES?

8 THE SPINDLES is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 8 on THE SPINDLES.