4, CHESTER CLOSE, BOURNE, PE10 0YX - £300,000

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 CHESTER CLOSE is a large detached house of 121m². It was last sold for £300,000 in August 2021, which was around 7% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

4 CHESTER CLOSE Sold Prices

Land registry data shows two sales for 4 CHESTER 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 CHESTER 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
2021 11 AUG	£300,000	£322,587	7% below HPI
2019 29 AUG	£294,995	£305,827	4% below HPI

4 CHESTER 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 CHESTER CLOSE sales from August 2019 and August 2021 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 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 CHESTER CLOSE be worth now?

4 CHESTER CLOSE might now be worth an estimated £342,546.

This is based on house price inflation of 14.2%, between August 2021 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 14.2% inflationary increase is applied to the most recent sale price for 4 CHESTER CLOSE of £300,000 on 11th August 2021. For the value to have increased from £300,000 to £342,546 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 CHESTER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTER CLOSE has not materially changed since August 2021.

How Large is 4 CHESTER CLOSE?

4 CHESTER CLOSE is 121m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% 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 CHESTER CLOSE lies on this distribution: 65% of detached houses houses are smaller than 4 CHESTER CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 CHESTER CLOSE: Plot and Title Map

4 CHESTER CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 4 CHESTER 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 CHESTER 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 CHESTER CLOSE?

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