PLOT 4, THE RIDINGS, BOURNE, PE10 0FS - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PLOT is a detached house, which could now be worth an estimated £322,886. It was last sold for £320,000 in March 2024, which was around 12% below the average March 2024 detached price in the South Kesteven local authority area.

PLOT Sold Prices

Land registry data shows two sales for PLOT 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. One of the two PLOT sales was for below the average price, whilst the other was 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
2024 4 MAR	£320,000	£363,166	12% below HPI
2006 31 JUL	£297,950	£221,188	35% above HPI

What might PLOT be worth now?

PLOT might now be worth an estimated £322,886.

This is based on house price inflation of 0.9%, between March 2024 and May 2026, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for PLOT of £320,000 on 4th March 2024. For the value to have increased from £320,000 to £322,886 over the one year and ten months to May 2026, the following assumptions must hold true:

• The value of PLOT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of PLOT has not materially changed since March 2024.