2, SHARPES CLOSE, BOURNE, PE10 9SE - £140,000

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 SHARPES CLOSE is a small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £240,232. It was last sold for £140,000 in July 2012, which was around 35% below the average July 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

2 SHARPES CLOSE Sold Prices

Land registry data shows one sale for 2 SHARPES 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
2012 30 JUL	£140,000	£216,916	35% below HPI

What might 2 SHARPES CLOSE be worth now?

2 SHARPES CLOSE might now be worth an estimated £240,232.

This is based on house price inflation of 71.6%, between July 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 71.6% inflationary increase is applied to the most recent sale price for 2 SHARPES CLOSE of £140,000 on 30th July 2012. For the value to have increased from £140,000 to £240,232 over the fourteen years and three months to April 2026, the following assumptions must hold true:

• The value of 2 SHARPES CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2012 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHARPES CLOSE has not materially changed since July 2012.

How Large is 2 SHARPES CLOSE?

2 SHARPES CLOSE is 92m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% 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 SHARPES CLOSE lies on this distribution: 31% of detached houses are smaller than 2 SHARPES CLOSE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Bourne.

2 SHARPES CLOSE: Plot

2 SHARPES CLOSE sits on a plot of roughly 0.099 of an acre, or 400m².

Where is 2 SHARPES CLOSE?

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