18, WAKES CLOSE, BOURNE, PE10 0BU - £205,000

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

18 WAKES CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £205,000 in September 2021, which was around 38% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

18 WAKES CLOSE Sold Prices

Land registry data shows two sales for 18 WAKES 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 18 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 30 SEP	£205,000	£329,642	38% below HPI
1999 1 DEC	£68,000	£95,112	29% below HPI

18 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 two 18 WAKES CLOSE sales from December 1999 and September 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 December 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 18 WAKES CLOSE?

18 WAKES CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in January 2021. 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 18 WAKES CLOSE lies on this distribution: 15% of detached houses are smaller than 18 WAKES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bourne.

18 WAKES CLOSE: Plot and Title Map

18 WAKES CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 18 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 18 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 18 WAKES CLOSE?

18 WAKES CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 18 on WAKES CLOSE.