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
2 HAMILTON CLOSE is a very large extended detached house of 176m², built sometime between 1976 and 1982. It was last sold for £318,000 in August 2021, which was around 3% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 2 HAMILTON CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 2 HAMILTON 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 AUG | £318,000 | £327,986 | 3% below HPI |
2018 29 JUN | £270,000 | £297,928 | 9% below HPI |
2008 22 FEB | £201,500 | £239,637 | 16% below HPI |
2000 15 MAY | £93,000 | £102,325 | 9% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 2 HAMILTON CLOSE sales between May 2000 and August 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 June 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.
2 HAMILTON CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 2 HAMILTON CLOSE lies on this distribution: 94% of detached houses are smaller than 2 HAMILTON CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bourne.
2 HAMILTON CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 2 HAMILTON 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 2 HAMILTON 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.
2 HAMILTON CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on HAMILTON CLOSE.