3, SHARPES CLOSE, BOURNE, PE10 9SE - £142,500

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

3 SHARPES CLOSE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £142,500 in October 2012, which was around 35% below the average October 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

3 SHARPES CLOSE Sold Prices

Land registry data shows four sales for 3 SHARPES 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. All of the four 3 SHARPES 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
2012 31 OCT	£142,500	£218,225	35% below HPI
2009 14 DEC	£142,000	£216,566	34% below HPI
2003 4 JUL	£128,000	£179,990	29% below HPI
1996 28 AUG	£51,000	£73,592	31% below HPI

3 SHARPES 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 3 SHARPES CLOSE sales between August 1996 and October 2012 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 December 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 SHARPES CLOSE?

3 SHARPES CLOSE is 60m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 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 3 SHARPES CLOSE lies on this distribution: 3% of detached houses are smaller than 3 SHARPES CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bourne.

3 SHARPES CLOSE: Plot and Title Map

3 SHARPES CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 SHARPES 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 SHARPES 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 SHARPES CLOSE?

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