12, WATLING CLOSE, BOURNE, PE10 9XL - £195,000

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

12 WATLING CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £195,000 in February 2016, which was around 25% below the average February 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

12 WATLING CLOSE Sold Prices

Land registry data shows three sales for 12 WATLING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 12 WATLING 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 8 FEB	£195,000	£259,984	25% below HPI
1999 11 JUN	£75,000	£88,159	15% below HPI
1997 20 JUN	£60,000	£75,942	21% below HPI

12 WATLING 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 three 12 WATLING CLOSE sales between June 1997 and February 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 WATLING CLOSE be worth now?

12 WATLING CLOSE might now be worth an estimated £276,269.

This is based on house price inflation of 41.7%, between February 2016 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 41.7% inflationary increase is applied to the most recent sale price for 12 WATLING CLOSE of £195,000 on 8th February 2016. For the value to have increased from £195,000 to £276,269 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 12 WATLING CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WATLING CLOSE has not materially changed since February 2016.

How Large is 12 WATLING CLOSE?

12 WATLING CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% 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 WATLING CLOSE lies on this distribution: 35% of detached houses houses are smaller than 12 WATLING CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bourne.

12 WATLING CLOSE: Plot and Title Map

12 WATLING CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 WATLING 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 WATLING 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 WATLING CLOSE?

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