25, SPA CHASE, BOURNE, PE10 2AG - £355,000

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.

25 SPA CHASE is a large detached house of 140m², built in 2018, which could now be worth an estimated £361,671. It was last sold for £355,000 in May 2023, which was around 1% below the average May 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

25 SPA CHASE Sold Prices

Land registry data shows one sale for 25 SPA CHASE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 22 MAY	£355,000	£359,682	1% below HPI

What might 25 SPA CHASE be worth now?

25 SPA CHASE might now be worth an estimated £361,671.

This is based on house price inflation of 1.9%, between May 2023 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 1.9% inflationary increase is applied to the most recent sale price for 25 SPA CHASE of £355,000 on 22nd May 2023. For the value to have increased from £355,000 to £361,671 over the three years to May 2026, the following assumptions must hold true:

• The value of 25 SPA CHASE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2023 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPA CHASE has not materially changed since May 2023.

How Large is 25 SPA CHASE?

25 SPA CHASE is 140m² according to the EPC inspection conducted in April 2023. 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 25 SPA CHASE lies on this distribution: 79% of detached houses are smaller than 25 SPA CHASE, and 20% of detached houses are larger. Note that EPC data is not available for all properties in Bourne.

25 SPA CHASE: Plot

25 SPA CHASE sits on a plot of roughly 0.079 of an acre, or 319m².

Where is 25 SPA CHASE?

25 SPA CHASE is located in BOURNE, in the PE10 postcode district.