3, STONE CLOSE, BOURNE, PE10 9XJ - £221,000

3 STONE CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £221,000 in September 2017, which was around 24% below the average September 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 STONE CLOSE Sold Prices

Land registry data shows five sales for 3 STONE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 3 STONE 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
2017 8 SEP	£221,000	£290,320	24% below HPI
2014 8 AUG	£410,000	£231,772	77% above HPI
2014 19 MAY	£205,000	£226,638	10% below HPI
2003 23 SEP	£176,000	£184,697	5% below HPI
1996 4 NOV	£85,000	£73,785	15% above HPI

3 STONE 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 five 3 STONE CLOSE sales between November 1996 and September 2017 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 August 2014 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the September 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 STONE CLOSE?

3 STONE CLOSE is 79m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 3 STONE CLOSE lies on this distribution: 15% of detached houses are smaller than 3 STONE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 STONE CLOSE: Plot and Title Map

3 STONE CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 3 STONE 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 STONE 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 STONE CLOSE?

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