7, HOME CLOSE, BOURNE, PE10 9BE - £180,000

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.

7 HOME CLOSE is a large extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £215,511. It was last sold for £180,000 in September 2019, which was around 41% below the average September 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

7 HOME CLOSE Sold Prices

Land registry data shows one sale for 7 HOME 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 2 SEP	£180,000	£306,060	41% below HPI

What might 7 HOME CLOSE be worth now?

7 HOME CLOSE might now be worth an estimated £215,511.

This is based on house price inflation of 19.7%, between September 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 19.7% inflationary increase is applied to the most recent sale price for 7 HOME CLOSE of £180,000 on 2nd September 2019. For the value to have increased from £180,000 to £215,511 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 7 HOME CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOME CLOSE has not materially changed since September 2019.

How Large is 7 HOME CLOSE?

7 HOME CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 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 7 HOME CLOSE lies on this distribution: 68% of detached houses are smaller than 7 HOME CLOSE, and 32% of detached houses are larger. Note that EPC data is not available for all properties in Bourne.

7 HOME CLOSE: Plot

7 HOME CLOSE sits on a plot of roughly 0.156 of an acre, or 632m².

Where is 7 HOME CLOSE?

7 HOME CLOSE is located in BOURNE, in the PE10 postcode district.