8, AUSTERBY CLOSE, BOURNE, PE10 9HR - £157,000

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

8 AUSTERBY CLOSE is a very small semi-detached house of 49m², built sometime between 1991 and 1995, which could now be worth an estimated £201,795. It was last sold for £157,000 in March 2019, which was around 16% below the average March 2019 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

8 AUSTERBY CLOSE Sold Prices

Land registry data shows five sales for 8 AUSTERBY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 8 AUSTERBY 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
2019 1 MAR	£157,000	£186,101	16% below HPI
2011 13 OCT	£100,000	£137,083	27% below HPI
2011 30 JUN	£112,500	£133,940	16% below HPI
2000 1 SEP	£60,000	£62,655	4% below HPI
1996 1 OCT	£39,995	£43,708	8% below HPI

8 AUSTERBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 8 AUSTERBY CLOSE sales between October 1996 and March 2019 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 October 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 AUSTERBY CLOSE be worth now?

8 AUSTERBY CLOSE might now be worth an estimated £201,795.

This is based on house price inflation of 28.5%, between March 2019 and December 2024, for semi-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 28.5% inflationary increase is applied to the most recent sale price for 8 AUSTERBY CLOSE of £157,000 on 1st March 2019. For the value to have increased from £157,000 to £201,795 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 8 AUSTERBY CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The March 2019 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 8 AUSTERBY CLOSE has not materially changed since March 2019.

How Large is 8 AUSTERBY CLOSE?

8 AUSTERBY CLOSE is 49m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of semi-detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bourne, and where 8 AUSTERBY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 AUSTERBY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 AUSTERBY CLOSE: Plot and Title Map

8 AUSTERBY CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 8 AUSTERBY 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 8 AUSTERBY 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 8 AUSTERBY CLOSE?

8 AUSTERBY CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 8 on AUSTERBY CLOSE.