3, HAMILTON CLOSE, BOURNE, PE10 9PL - £375,000

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

3 HAMILTON CLOSE is a large extended detached house of 128m², built sometime between 1991 and 1995. It was last sold for £375,000 in September 2023, which was around 1% above the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 HAMILTON CLOSE Sold Prices

Land registry data shows two sales for 3 HAMILTON 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. One of the two 3 HAMILTON CLOSE sales was for above the average price, whilst the other was 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
2023 20 SEP	£375,000	£371,953	1% above HPI
2021 10 SEP	£290,000	£324,215	11% below HPI

3 HAMILTON 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 3 HAMILTON CLOSE sales from September 2021 and September 2023 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 September 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 HAMILTON CLOSE be worth now?

3 HAMILTON CLOSE might now be worth an estimated £371,353.

This is based on house price deflation of 1%, between September 2023 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 1% deflationary decrease is applied to the most recent sale price for 3 HAMILTON CLOSE of £375,000 on 20th September 2023. For the value to have decreased from £375,000 to £371,353 over the nine months to December 2024, the following assumptions must hold true:

• The value of 3 HAMILTON CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAMILTON CLOSE has not materially changed since September 2023.

How Large is 3 HAMILTON CLOSE?

3 HAMILTON CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 3 HAMILTON CLOSE lies on this distribution: 73% of detached houses houses are smaller than 3 HAMILTON CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 HAMILTON CLOSE: Plot and Title Map

3 HAMILTON CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 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 3 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.

Where is 3 HAMILTON CLOSE?

3 HAMILTON CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 3 on HAMILTON CLOSE.