7, CECIL CLOSE, BOURNE, PE10 9QP - £275,000

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

7 CECIL CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £275,000 in June 2020, which was around 11% below the average June 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

7 CECIL CLOSE Sold Prices

Land registry data shows two sales for 7 CECIL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 7 CECIL 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 30 JUN	£275,000	£310,401	11% below HPI
2019 1 MAY	£180,000	£299,437	40% below HPI

7 CECIL 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 two 7 CECIL CLOSE sales from May 2019 and June 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 May 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 CECIL CLOSE?

7 CECIL CLOSE is 68m² according to the EPC inspection conducted in October 2018. 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 7 CECIL CLOSE lies on this distribution: 7% of detached houses are smaller than 7 CECIL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bourne.

7 CECIL CLOSE: Plot and Title Map

7 CECIL CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 7 CECIL 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 7 CECIL 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 7 CECIL CLOSE?

7 CECIL CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 7 on CECIL CLOSE.