9, ERMINE CLOSE, BOURNE, PE10 9XH - £210,000

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

9 ERMINE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £241,984. It was last sold for £210,000 in May 2021, which was around 34% below the average May 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

9 ERMINE CLOSE Sold Prices

Land registry data shows three sales for 9 ERMINE 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 9 ERMINE 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 7 MAY	£210,000	£319,651	34% below HPI
2014 17 APR	£160,000	£224,859	29% below HPI
2006 30 JUN	£172,000	£216,897	21% below HPI

9 ERMINE 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 9 ERMINE CLOSE sales between June 2006 and May 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 April 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 9 ERMINE CLOSE be worth now?

9 ERMINE CLOSE might now be worth an estimated £241,984.

This is based on house price inflation of 15.2%, between May 2021 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 15.2% inflationary increase is applied to the most recent sale price for 9 ERMINE CLOSE of £210,000 on 7th May 2021. For the value to have increased from £210,000 to £241,984 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 9 ERMINE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ERMINE CLOSE has not materially changed since May 2021.

How Large is 9 ERMINE CLOSE?

9 ERMINE CLOSE is 58m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 9 ERMINE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 9 ERMINE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bourne.

9 ERMINE CLOSE: Plot and Title Map

9 ERMINE CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 9 ERMINE 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 9 ERMINE 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 9 ERMINE CLOSE?

9 ERMINE CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 9 on ERMINE CLOSE.