11, AUSTERBY CLOSE, BOURNE, PE10 9HR - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 AUSTERBY CLOSE is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £145,000 in July 2006, which was around 34% below the average July 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

11 AUSTERBY CLOSE Sold Prices

Land registry data shows four sales for 11 AUSTERBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 11 AUSTERBY 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
2006 28 JUL	£145,000	£221,188	34% below HPI
2001 1 AUG	£80,000	£120,857	34% below HPI
1997 7 AUG	£42,500	£78,064	46% below HPI
1997 12 MAY	£47,500	£75,418	37% below HPI

11 AUSTERBY 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 four 11 AUSTERBY CLOSE sales between May 1997 and July 2006 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 August 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2006 sale, which was also at 34% below the HPI.

What might 11 AUSTERBY CLOSE be worth now?

11 AUSTERBY CLOSE might now be worth an estimated £241,463.

This is based on house price inflation of 66.5%, between July 2006 and December 2024, 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 66.5% inflationary increase is applied to the most recent sale price for 11 AUSTERBY CLOSE of £145,000 on 28th July 2006. For the value to have increased from £145,000 to £241,463 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 11 AUSTERBY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2006 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 11 AUSTERBY CLOSE has not materially changed since July 2006.

How Large is 11 AUSTERBY CLOSE?

11 AUSTERBY CLOSE is 51m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 11 AUSTERBY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 11 AUSTERBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

11 AUSTERBY CLOSE: Plot and Title Map

11 AUSTERBY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 11 AUSTERBY 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 11 AUSTERBY 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 11 AUSTERBY CLOSE?

11 AUSTERBY CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 11 on AUSTERBY CLOSE.