2, ORCHARD CLOSE, BOURNE, PE10 9DF - £148,000

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.

2 ORCHARD CLOSE is a detached house, which could now be worth an estimated £325,875. It was last sold for £148,000 in May 2003, which was around 12% below the average May 2003 detached price in the South Kesteven local authority area.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD 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 2 ORCHARD 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
2003 27 MAY	£148,000	£169,046	12% below HPI
1999 22 OCT	£73,000	£94,207	23% below HPI

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £325,875.

This is based on house price inflation of 120.2%, between May 2003 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 120.2% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £148,000 on 27th May 2003. For the value to have increased from £148,000 to £325,875 over the 23 years and one month to April 2026, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2003 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since May 2003.

Where is 2 ORCHARD CLOSE?

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