48, BROADWAY CLOSE, BOURNE, PE10 9BN - £140,000

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

48 BROADWAY CLOSE is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £140,000 in September 2013, which was around 40% below the average September 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

48 BROADWAY CLOSE Sold Prices

Land registry data shows three sales for 48 BROADWAY 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 48 BROADWAY 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
2013 3 SEP	£140,000	£233,859	40% below HPI
2000 30 JUN	£81,500	£105,723	23% below HPI
1997 25 APR	£53,000	£75,512	30% below HPI

48 BROADWAY 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 48 BROADWAY CLOSE sales between April 1997 and September 2013 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 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 48 BROADWAY CLOSE?

48 BROADWAY CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 48 BROADWAY CLOSE lies on this distribution: 58% of detached houses are smaller than 48 BROADWAY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bourne.

48 BROADWAY CLOSE: Plot and Title Map

48 BROADWAY CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 48 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 48 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 48 BROADWAY CLOSE?

48 BROADWAY CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 48 on BROADWAY CLOSE.