2, LILAC CLOSE, BOURNE, PE10 9TS - £249,950

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.

2 LILAC CLOSE is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £309,605. It was last sold for £249,950 in July 2019, which was around 16% below the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 LILAC CLOSE Sold Prices

Land registry data shows one sale for 2 LILAC CLOSE 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
2019 12 JUL	£249,950	£295,835	16% below HPI

What might 2 LILAC CLOSE be worth now?

2 LILAC CLOSE might now be worth an estimated £309,605.

This is based on house price inflation of 23.9%, between July 2019 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 23.9% inflationary increase is applied to the most recent sale price for 2 LILAC CLOSE of £249,950 on 12th July 2019. For the value to have increased from £249,950 to £309,605 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 2 LILAC CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 LILAC CLOSE has not materially changed since July 2019.

How Large is 2 LILAC CLOSE?

2 LILAC CLOSE is 90m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 2 LILAC CLOSE lies on this distribution: 26% of detached houses are smaller than 2 LILAC CLOSE, and 73% of detached houses are larger. Note that EPC data is not available for all properties in Bourne.

2 LILAC CLOSE: Plot

2 LILAC CLOSE sits on a plot of roughly 0.105 of an acre, or 426m².

Where is 2 LILAC CLOSE?

2 LILAC CLOSE is located in BOURNE, in the PE10 postcode district.