5, AVELAND CLOSE, BOURNE, PE10 9EJ - £159,000

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

5 AVELAND CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £159,000 in February 2020, which was around 47% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

5 AVELAND CLOSE Sold Prices

Land registry data shows four sales for 5 AVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 5 AVELAND 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
2020 21 FEB	£159,000	£298,901	47% below HPI
2006 4 AUG	£125,000	£230,592	46% below HPI
2004 23 JUL	£103,500	£201,007	49% below HPI
1998 18 DEC	£46,000	£88,487	48% below HPI

5 AVELAND 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 four 5 AVELAND CLOSE sales between December 1998 and February 2020 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 2006 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 AVELAND CLOSE?

5 AVELAND CLOSE is 61m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 5 AVELAND CLOSE lies on this distribution: 3% of detached houses are smaller than 5 AVELAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bourne.

5 AVELAND CLOSE: Plot and Title Map

5 AVELAND CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 5 AVELAND 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 5 AVELAND 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 5 AVELAND CLOSE?

5 AVELAND CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 5 on AVELAND CLOSE.