21, LILAC CLOSE, BOURNE, PE10 9TS - £220,000

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

21 LILAC CLOSE is a very large detached house of 156m², built sometime between 1991 and 1995. It was last sold for £220,000 in May 2010, which was around 3% above the average May 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

21 LILAC CLOSE Sold Prices

Land registry data shows four sales for 21 LILAC CLOSE since 1^st 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. The four 21 LILAC CLOSE sales were a mix of above the average price, and roughly equal to 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
2010 21 MAY	£220,000	£212,840	3% above HPI
2007 5 JAN	£234,000	£229,576	2% above HPI
2003 4 APR	£189,995	£168,989	12% above HPI
1999 25 JUN	£90,000	£89,635	Close to HPI

21 LILAC 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 four 21 LILAC CLOSE sales between June 1999 and May 2010 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 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2010 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 21 LILAC CLOSE?

21 LILAC CLOSE is 156m² according to the EPC inspection conducted in February 2020. This puts it in the largest 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 21 LILAC CLOSE lies on this distribution: 88% of detached houses are smaller than 21 LILAC CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bourne.

21 LILAC CLOSE: Plot and Title Map

21 LILAC CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 21 LILAC 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 21 LILAC 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 21 LILAC CLOSE?

21 LILAC CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 21 on LILAC CLOSE.