1, HORSE CHESTNUT LANE, RIPPINGALE, BOURNE, PE10 0TW - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HORSE CHESTNUT LANE is a midsized extended detached house of 138m², built sometime between 2003 and 2006. It was last sold for £475,000 in July 2023, which was around 28% above the average July 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

1 HORSE CHESTNUT LANE Sold Prices

Land registry data shows three sales for 1 HORSE CHESTNUT LANE 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 1 HORSE CHESTNUT LANE sales were for above 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
2023 26 JUL	£475,000	£371,493	28% above HPI
2016 29 APR	£345,000	£256,568	34% above HPI
2012 14 DEC	£275,000	£216,728	27% above HPI

1 HORSE CHESTNUT LANE 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 1 HORSE CHESTNUT LANE sales between December 2012 and July 2023 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 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2023 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 1 HORSE CHESTNUT LANE?

1 HORSE CHESTNUT LANE is 138m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses by size in Rippingale, and where 1 HORSE CHESTNUT LANE lies on this distribution: 41% of detached houses are smaller than 1 HORSE CHESTNUT LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

1 HORSE CHESTNUT LANE: Plot and Title Map

1 HORSE CHESTNUT LANE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of 1 HORSE CHESTNUT LANE, 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 1 HORSE CHESTNUT LANE). 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 1 HORSE CHESTNUT LANE?

1 HORSE CHESTNUT LANE is located in RIPPINGALE, in the PE10 postcode district. The below map shows the position of No. 1 on HORSE CHESTNUT LANE.