40, BROADWAY CLOSE, BOURNE, PE10 9BN - £278,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 BROADWAY CLOSE is a very small extended terraced house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £283,350. It was last sold for £278,000 in September 2023, which was around 47% above the average September 2023 terraced price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

40 BROADWAY CLOSE Sold Prices

Land registry data shows two sales for 40 BROADWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 40 BROADWAY CLOSE sales were 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
2023 29 SEP	£278,000	£189,145	47% above HPI
2011 27 JUN	£135,000	£108,456	24% above HPI

40 BROADWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 40 BROADWAY CLOSE sales from June 2011 and September 2023 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 June 2011 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 40 BROADWAY CLOSE be worth now?

40 BROADWAY CLOSE might now be worth an estimated £283,350.

This is based on house price inflation of 1.9%, between September 2023 and July 2025, for terraced 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 1.9% inflationary increase is applied to the most recent sale price for 40 BROADWAY CLOSE of £278,000 on 29th September 2023. For the value to have increased from £278,000 to £283,350 over the two years and two months to July 2025, the following assumptions must hold true:

• The value of 40 BROADWAY CLOSE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The September 2023 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BROADWAY CLOSE has not materially changed since September 2023.

How Large is 40 BROADWAY CLOSE?

40 BROADWAY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of terraced houses houses in Bourne, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bourne, and where 40 BROADWAY CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 40 BROADWAY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bourne.

40 BROADWAY CLOSE: Plot and Title Map

40 BROADWAY CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 40 BROADWAY 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 40 BROADWAY 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 40 BROADWAY CLOSE?

40 BROADWAY CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 40 on BROADWAY CLOSE.