1, LILAC CLOSE, BOURNE, PE10 9TS - £265,000

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 LILAC CLOSE is a midsized detached house of 103m², built sometime between 1991 and 1995. It was last sold for £265,000 in October 2016, which was around 2% below the average October 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

1 LILAC CLOSE Sold Prices

Land registry data shows two sales for 1 LILAC 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 1 LILAC 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
2016 14 OCT	£265,000	£271,047	2% below HPI
2011 23 JUN	£180,000	£215,370	16% below HPI

1 LILAC 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 two 1 LILAC CLOSE sales from June 2011 and October 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 June 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 LILAC CLOSE?

1 LILAC CLOSE is 103m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 LILAC CLOSE lies on this distribution: 43% of detached houses are smaller than 1 LILAC CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bourne.

1 LILAC CLOSE: Plot and Title Map

1 LILAC CLOSE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 1 LILAC 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 LILAC 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 LILAC CLOSE?

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