6, HOME CLOSE, BOURNE, PE10 9BE - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 HOME CLOSE is a large extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £165,000 in May 2015, which was around 30% below the average May 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

6 HOME CLOSE Sold Prices

Land registry data shows three sales for 6 HOME 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 6 HOME 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
2015 22 MAY	£165,000	£235,859	30% below HPI
2014 7 FEB	£136,500	£225,885	40% below HPI
2004 27 AUG	£135,500	£204,337	34% below HPI

6 HOME 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 6 HOME CLOSE sales between August 2004 and May 2015 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 February 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 HOME CLOSE be worth now?

6 HOME CLOSE might now be worth an estimated £257,677.

This is based on house price inflation of 56.2%, between May 2015 and December 2024, 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 56.2% inflationary increase is applied to the most recent sale price for 6 HOME CLOSE of £165,000 on 22nd May 2015. For the value to have increased from £165,000 to £257,677 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 6 HOME CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HOME CLOSE has not materially changed since May 2015.

How Large is 6 HOME CLOSE?

6 HOME CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 6 HOME CLOSE lies on this distribution: 69% of detached houses houses are smaller than 6 HOME CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bourne.

6 HOME CLOSE: Plot and Title Map

6 HOME CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 6 HOME 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 6 HOME 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 6 HOME CLOSE?

6 HOME CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 6 on HOME CLOSE.