15, LABURNUM CLOSE, BOURNE, PE10 9ST - £173,000

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

15 LABURNUM CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £173,000 in June 2006, which was around 22% below the average June 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

15 LABURNUM CLOSE Sold Prices

Land registry data shows three sales for 15 LABURNUM 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 15 LABURNUM 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
2006 23 JUN	£173,000	£220,527	22% below HPI
2006 1 FEB	£140,000	£212,912	34% below HPI
1999 5 FEB	£71,500	£90,085	21% below HPI

15 LABURNUM 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 15 LABURNUM CLOSE sales between February 1999 and June 2006 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 February 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2006 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 LABURNUM CLOSE?

15 LABURNUM CLOSE is 95m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 15 LABURNUM CLOSE lies on this distribution: 34% of detached houses are smaller than 15 LABURNUM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bourne.

15 LABURNUM CLOSE: Plot and Title Map

15 LABURNUM CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 LABURNUM 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 15 LABURNUM 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 15 LABURNUM CLOSE?

15 LABURNUM CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 15 on LABURNUM CLOSE.