3, HOME CLOSE, BOURNE, PE10 9BE - £157,500

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.

3 HOME CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £272,945. It was last sold for £157,500 in November 2012, which was around 27% below the average November 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

3 HOME CLOSE Sold Prices

Land registry data shows two sales for 3 HOME CLOSE 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 3 HOME CLOSE sales were for below 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
2012 30 NOV	£157,500	£214,783	27% below HPI
1995 16 JAN	£64,500	£68,338	6% below HPI

3 HOME CLOSE 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 3 HOME CLOSE sales from January 1995 and November 2012 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 January 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 HOME CLOSE be worth now?

3 HOME CLOSE might now be worth an estimated £272,945.

This is based on house price inflation of 73.3%, between November 2012 and April 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 73.3% inflationary increase is applied to the most recent sale price for 3 HOME CLOSE of £157,500 on 30th November 2012. For the value to have increased from £157,500 to £272,945 over the fourteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 HOME CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2012 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HOME CLOSE has not materially changed since November 2012.

How Large is 3 HOME CLOSE?

3 HOME CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 3 HOME CLOSE lies on this distribution: 53% of detached houses houses are smaller than 3 HOME CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 HOME CLOSE: Plot and Title Map

3 HOME CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 3 HOME CLOSE, 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 3 HOME CLOSE). 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 3 HOME CLOSE?

3 HOME CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 3 on HOME CLOSE.