7, AKEMAN CLOSE, BOURNE, PE10 9XE - £145,000

7 AKEMAN CLOSE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £145,000 in August 2012, which was around 34% below the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

7 AKEMAN CLOSE Sold Prices

Land registry data shows three sales for 7 AKEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 7 AKEMAN 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 24 AUG	£145,000	£218,720	34% below HPI
2007 10 MAY	£182,500	£237,947	23% below HPI
2005 8 JUL	£165,000	£209,996	21% below HPI

7 AKEMAN 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 three 7 AKEMAN CLOSE sales between July 2005 and August 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 May 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 AKEMAN CLOSE?

7 AKEMAN CLOSE is 78m² according to the EPC inspection conducted in February 2009. 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 7 AKEMAN CLOSE lies on this distribution: 15% of detached houses are smaller than 7 AKEMAN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bourne.

7 AKEMAN CLOSE: Plot and Title Map

7 AKEMAN CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 7 AKEMAN 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 7 AKEMAN 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 7 AKEMAN CLOSE?

7 AKEMAN CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 7 on AKEMAN CLOSE.