2, HOLLAND CLOSE, BOURNE, PE10 9HS - £266,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HOLLAND CLOSE is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £266,000 in August 2022, which was around 28% below the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

2 HOLLAND CLOSE Sold Prices

Land registry data shows two sales for 2 HOLLAND 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 2 HOLLAND 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
2022 18 AUG	£266,000	£368,593	28% below HPI
2018 27 NOV	£192,500	£302,826	36% below HPI

2 HOLLAND 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 2 HOLLAND CLOSE sales from November 2018 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 November 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 HOLLAND CLOSE be worth now?

2 HOLLAND CLOSE might now be worth an estimated £265,815.

This is based on house price deflation of 0.1%, between August 2022 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 2 HOLLAND CLOSE of £266,000 on 18th August 2022. For the value to have decreased from £266,000 to £265,815 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 2 HOLLAND CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2022 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLAND CLOSE has not materially changed since August 2022.

How Large is 2 HOLLAND CLOSE?

2 HOLLAND CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 2 HOLLAND CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 HOLLAND CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 HOLLAND CLOSE: Plot and Title Map

2 HOLLAND CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 HOLLAND 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 HOLLAND 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 2 HOLLAND CLOSE?

2 HOLLAND CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on HOLLAND CLOSE.