12, CECIL CLOSE, BOURNE, PE10 9QP - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CECIL CLOSE is a very small detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £265,266. It was last sold for £175,000 in December 2007, which was around 27% below the average December 2007 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

12 CECIL CLOSE Sold Prices

Land registry data shows two sales for 12 CECIL 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 12 CECIL 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
2007 14 DEC	£175,000	£240,571	27% below HPI
1995 8 NOV	£44,500	£70,060	36% below HPI

12 CECIL 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 12 CECIL CLOSE sales from November 1995 and December 2007 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 November 1995 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2007 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 CECIL CLOSE be worth now?

12 CECIL CLOSE might now be worth an estimated £265,266.

This is based on house price inflation of 51.6%, between December 2007 and February 2025, 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 51.6% inflationary increase is applied to the most recent sale price for 12 CECIL CLOSE of £175,000 on 14th December 2007. For the value to have increased from £175,000 to £265,266 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 CECIL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2007 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CECIL CLOSE has not materially changed since December 2007.

How Large is 12 CECIL CLOSE?

12 CECIL CLOSE is 60m² according to the EPC inspection conducted in July 2010. 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 12 CECIL CLOSE lies on this distribution: 3% of detached houses houses are smaller than 12 CECIL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bourne.

12 CECIL CLOSE: Plot and Title Map

12 CECIL CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 12 CECIL 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 12 CECIL 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 12 CECIL CLOSE?

12 CECIL CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 12 on CECIL CLOSE.