11, SHARPES CLOSE, BOURNE, PE10 9SE - £325,000

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 SHARPES CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £325,000 in April 2024, which was around 11% below the average April 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

11 SHARPES CLOSE Sold Prices

Land registry data shows four sales for 11 SHARPES 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 SHARPES 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
2024 12 APR	£325,000	£363,578	11% below HPI
2012 26 OCT	£188,000	£214,632	12% below HPI
2012 2 AUG	£141,000	£215,120	34% below HPI
1996 17 JUL	£59,000	£71,909	18% below HPI

11 SHARPES 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 SHARPES CLOSE sales between July 1996 and April 2024 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 October 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 SHARPES CLOSE be worth now?

11 SHARPES CLOSE might now be worth an estimated £329,253.

This is based on house price inflation of 1.3%, between April 2024 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 1.3% inflationary increase is applied to the most recent sale price for 11 SHARPES CLOSE of £325,000 on 12th April 2024. For the value to have increased from £325,000 to £329,253 over the four months to December 2024, the following assumptions must hold true:

• The value of 11 SHARPES CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHARPES CLOSE has not materially changed since April 2024.

How Large is 11 SHARPES CLOSE?

11 SHARPES CLOSE is 81m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% 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 SHARPES CLOSE lies on this distribution: 16% of detached houses houses are smaller than 11 SHARPES CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bourne.

11 SHARPES CLOSE: Plot and Title Map

11 SHARPES CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 11 SHARPES 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 SHARPES 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 SHARPES CLOSE?

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