5, JASMINE CLOSE, BOURNE, PE10 9SX - £327,500

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.

5 JASMINE CLOSE is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £316,375. It was last sold for £327,500 in September 2022, which was around 13% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

5 JASMINE CLOSE Sold Prices

Land registry data shows three sales for 5 JASMINE 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 5 JASMINE 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
2022 9 SEP	£327,500	£377,482	13% below HPI
2008 19 SEP	£192,000	£221,613	13% below HPI
2000 31 MAY	£99,000	£100,640	2% below HPI

5 JASMINE 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 5 JASMINE CLOSE sales between May 2000 and September 2022 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 September 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, which was also at 13% below the HPI.

What might 5 JASMINE CLOSE be worth now?

5 JASMINE CLOSE might now be worth an estimated £316,375.

This is based on house price deflation of 3.4%, between September 2022 and February 2025, 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 3.4% deflationary decrease is applied to the most recent sale price for 5 JASMINE CLOSE of £327,500 on 9th September 2022. For the value to have decreased from £327,500 to £316,375 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 JASMINE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2022 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 5 JASMINE CLOSE has not materially changed since September 2022.

How Large is 5 JASMINE CLOSE?

5 JASMINE CLOSE is 91m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% 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 5 JASMINE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 5 JASMINE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bourne.

5 JASMINE CLOSE: Plot and Title Map

5 JASMINE CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 5 JASMINE 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 JASMINE 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 JASMINE CLOSE?

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