8, WETHERBY CLOSE, BOURNE, PE10 9TP - £175,000

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

8 WETHERBY CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £175,000 in February 2021, which was around 47% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

8 WETHERBY CLOSE Sold Prices

Land registry data shows four sales for 8 WETHERBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 8 WETHERBY 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
2021 8 FEB	£175,000	£329,337	47% below HPI
2017 4 AUG	£152,000	£288,774	47% below HPI
2003 14 FEB	£105,000	£170,442	38% below HPI
1999 5 FEB	£45,500	£90,085	49% below HPI

8 WETHERBY 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 four 8 WETHERBY CLOSE sales between February 1999 and February 2021 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 August 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2021 sale, which was also at 47% below the HPI.

How Large is 8 WETHERBY CLOSE?

8 WETHERBY CLOSE is 66m² according to the EPC inspection conducted in August 2016. 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 8 WETHERBY CLOSE lies on this distribution: 6% of detached houses are smaller than 8 WETHERBY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bourne.

8 WETHERBY CLOSE: Plot and Title Map

8 WETHERBY CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 8 WETHERBY 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 WETHERBY 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 WETHERBY CLOSE?

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