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
4 STONE CLOSE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £189,950 in August 2004, which was around 9% below the average August 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 STONE CLOSE since 1st 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. Two of the three 4 STONE CLOSE sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2004 6 AUG | £189,950 | £207,757 | 9% below HPI |
2001 24 JUL | £127,000 | £120,395 | 5% above HPI |
1995 18 AUG | £69,500 | £72,662 | 4% below HPI |
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 STONE CLOSE sales between August 1995 and August 2004 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 July 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2004 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
4 STONE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 4 STONE CLOSE lies on this distribution: 52% of detached houses are smaller than 4 STONE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bourne.
4 STONE CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 4 STONE 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 STONE 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.
4 STONE CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 4 on STONE CLOSE.