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

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

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 13% 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	£372,939	13% below HPI
2012 26 OCT	£188,000	£218,225	14% below HPI
2012 2 AUG	£141,000	£218,720	36% below HPI
1996 17 JUL	£59,000	£73,113	19% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 11 SHARPES CLOSE lies on this distribution: 16% of detached 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.