4, SHARPES CLOSE, BOURNE, PE10 9SE - £258,000

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 SHARPES CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £258,000 in May 2021, which was around 19% below the average May 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

4 SHARPES CLOSE Sold Prices

Land registry data shows three sales for 4 SHARPES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 4 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
2021 7 MAY	£258,000	£319,651	19% below HPI
2019 7 NOV	£188,000	£300,489	37% below HPI
2004 4 JUN	£143,000	£190,693	25% below HPI

4 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 three 4 SHARPES CLOSE sales between June 2004 and May 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 November 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 SHARPES CLOSE be worth now?

4 SHARPES CLOSE might now be worth an estimated £297,295.

This is based on house price inflation of 15.2%, between May 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 15.2% inflationary increase is applied to the most recent sale price for 4 SHARPES CLOSE of £258,000 on 7th May 2021. For the value to have increased from £258,000 to £297,295 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 4 SHARPES CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2021 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHARPES CLOSE has not materially changed since May 2021.

How Large is 4 SHARPES CLOSE?

4 SHARPES CLOSE is 54m² according to the EPC inspection conducted in November 2008. 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 SHARPES CLOSE lies on this distribution: 1% of detached houses houses are smaller than 4 SHARPES CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

4 SHARPES CLOSE: Plot and Title Map

4 SHARPES CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 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 4 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 4 SHARPES CLOSE?

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