2, STONE CLOSE, BOURNE, PE10 9XJ - £270,000

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

2 STONE CLOSE is a very large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £270,000 in August 2011, which was around 21% above the average August 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 STONE CLOSE Sold Prices

Land registry data shows two sales for 2 STONE 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 STONE CLOSE sales were for above 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
2011 4 AUG	£270,000	£223,136	21% above HPI
1999 8 JUL	£116,000	£90,942	28% above HPI

2 STONE 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 STONE CLOSE sales from July 1999 and August 2011 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 July 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2011 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 STONE CLOSE?

2 STONE CLOSE is 173m², which includes three extensions, according to the EPC inspection conducted in May 2023. 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 STONE CLOSE lies on this distribution: 93% of detached houses are smaller than 2 STONE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 STONE CLOSE: Plot and Title Map

2 STONE CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 STONE 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 STONE 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 STONE CLOSE?

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