1, BURMOR CLOSE, BOURNE, PE10 9XT - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 BURMOR CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £255,000 in January 2016, which was around 4% below the average January 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 BURMOR CLOSE Sold Prices

Land registry data shows three sales for 1 BURMOR 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. Two of the three 1 BURMOR CLOSE sales were for below the average price, whilst one was for above 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
2016 15 JAN	£255,000	£265,867	4% below HPI
2014 9 APR	£190,000	£228,622	17% below HPI
2001 25 JAN	£135,500	£112,368	21% above HPI

1 BURMOR 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 1 BURMOR CLOSE sales between January 2001 and January 2016 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 April 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 BURMOR CLOSE?

1 BURMOR CLOSE is 130m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 1 BURMOR CLOSE lies on this distribution: 74% of detached houses are smaller than 1 BURMOR CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bourne.

1 BURMOR CLOSE: Plot and Title Map

1 BURMOR CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 BURMOR 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 1 BURMOR 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 1 BURMOR CLOSE?

1 BURMOR CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 1 on BURMOR CLOSE.