16, WAKES CLOSE, BOURNE, PE10 0BU - £189,950

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

16 WAKES CLOSE is a very small extended semi-detached house of 77m², built sometime between 1991 and 1995. It was last sold for £189,950 in November 2021, which was around 45% below the average November 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

16 WAKES CLOSE Sold Prices

Land registry data shows three sales for 16 WAKES 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 16 WAKES 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
2021 5 NOV	£189,950	£348,291	45% below HPI
2015 30 JAN	£130,000	£235,277	45% below HPI
1999 1 OCT	£55,000	£95,784	43% below HPI

16 WAKES 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 16 WAKES CLOSE sales between October 1999 and November 2021 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 January 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2021 sale, which was also at 45% below the HPI.

How Large is 16 WAKES CLOSE?

16 WAKES CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 16 WAKES CLOSE lies on this distribution: 12% of detached houses are smaller than 16 WAKES CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bourne.

16 WAKES CLOSE: Plot and Title Map

16 WAKES CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 16 WAKES 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 16 WAKES 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 16 WAKES CLOSE?

16 WAKES CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 16 on WAKES CLOSE.