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
14 WATLING CLOSE is a very large extended detached house of 151m², built sometime between 1983 and 1990. It was last sold for £415,000 in August 2022, which was around 11% above the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 14 WATLING CLOSE since 1st 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. Two of the three 14 WATLING CLOSE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 11 AUG | £415,000 | £374,762 | 11% above HPI |
2018 20 SEP | £305,000 | £309,614 | 1% below HPI |
1996 26 APR | £69,500 | £68,232 | 2% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 14 WATLING CLOSE sales between April 1996 and August 2022 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 September 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
14 WATLING CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 14 WATLING CLOSE lies on this distribution: 86% of detached houses are smaller than 14 WATLING CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bourne.
14 WATLING CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 14 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 14 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.
14 WATLING CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 14 on WATLING CLOSE.