8, WAKES CLOSE, BOURNE, PE10 0BU - £157,500

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

8 WAKES CLOSE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £157,500 in October 2004, which was around 25% below the average October 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

8 WAKES CLOSE Sold Prices

Land registry data shows three sales for 8 WAKES 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 8 WAKES 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
2004 13 OCT	£157,500	£210,509	25% below HPI
2002 1 MAR	£111,500	£130,396	14% below HPI
1999 1 OCT	£68,000	£95,784	29% below HPI

8 WAKES 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 8 WAKES CLOSE sales between October 1999 and October 2004 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 March 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 WAKES CLOSE?

8 WAKES CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 8 WAKES CLOSE lies on this distribution: 35% of detached houses are smaller than 8 WAKES CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 WAKES CLOSE: Plot and Title Map

8 WAKES CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 8 WAKES 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 WAKES 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 WAKES CLOSE?

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