15, MILLERS CLOSE, RIPPINGALE, BOURNE, PE10 0TH - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 MILLERS CLOSE is a midsized extended detached house of 157m², built sometime between 1996 and 2002, which could now be worth an estimated £382,466. It was last sold for £320,000 in October 2019, which was around 5% above the average October 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was D.

15 MILLERS CLOSE Sold Prices

Land registry data shows three sales for 15 MILLERS 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 15 MILLERS CLOSE 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
2019 25 OCT	£320,000	£305,101	5% above HPI
2004 29 JAN	£210,000	£181,394	16% above HPI
2002 12 JUL	£179,950	£142,940	26% above HPI

15 MILLERS 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 15 MILLERS CLOSE sales between July 2002 and October 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 January 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 MILLERS CLOSE be worth now?

15 MILLERS CLOSE might now be worth an estimated £382,466.

This is based on house price inflation of 19.5%, between October 2019 and February 2025, 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 19.5% inflationary increase is applied to the most recent sale price for 15 MILLERS CLOSE of £320,000 on 25th October 2019. For the value to have increased from £320,000 to £382,466 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 MILLERS CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MILLERS CLOSE has not materially changed since October 2019.

How Large is 15 MILLERS CLOSE?

15 MILLERS CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rippingale, and where 15 MILLERS CLOSE lies on this distribution: 56% of detached houses houses are smaller than 15 MILLERS CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

15 MILLERS CLOSE: Plot and Title Map

15 MILLERS CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 15 MILLERS 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 15 MILLERS 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 15 MILLERS CLOSE?

15 MILLERS CLOSE is located in RIPPINGALE, in the PE10 postcode district. The below map shows the position of No. 15 on MILLERS CLOSE.