4, AKEMAN CLOSE, BOURNE, PE10 9XE - £171,000

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

4 AKEMAN CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £171,000 in July 2006, which was around 23% below the average July 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

4 AKEMAN CLOSE Sold Prices

Land registry data shows two sales for 4 AKEMAN 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 4 AKEMAN 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
2006 18 JUL	£171,000	£221,188	23% below HPI
2003 18 AUG	£130,000	£177,998	27% below HPI

4 AKEMAN 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 4 AKEMAN CLOSE sales from August 2003 and July 2006 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 August 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 AKEMAN CLOSE be worth now?

4 AKEMAN CLOSE might now be worth an estimated £284,760.

This is based on house price inflation of 66.5%, between July 2006 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 66.5% inflationary increase is applied to the most recent sale price for 4 AKEMAN CLOSE of £171,000 on 18th July 2006. For the value to have increased from £171,000 to £284,760 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 AKEMAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2006 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 4 AKEMAN CLOSE has not materially changed since July 2006.

How Large is 4 AKEMAN CLOSE?

4 AKEMAN CLOSE is 61m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 4 AKEMAN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 4 AKEMAN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 AKEMAN CLOSE: Plot and Title Map

4 AKEMAN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 AKEMAN 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 4 AKEMAN 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 4 AKEMAN CLOSE?

4 AKEMAN CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 4 on AKEMAN CLOSE.