2, HORSE CHESTNUT LANE, RIPPINGALE, BOURNE, PE10 0TW - £325,000

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

2 HORSE CHESTNUT LANE is a large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £325,000 in October 2011, which was around 47% above the average October 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

2 HORSE CHESTNUT LANE Sold Prices

Land registry data shows three sales for 2 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 2 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
2011 31 OCT	£325,000	£221,770	47% above HPI
2004 28 JUL	£295,000	£201,007	47% above HPI
2002 25 SEP	£235,000	£151,364	55% above HPI

2 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 2 HORSE CHESTNUT LANE sales between September 2002 and October 2011 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 July 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2011 sale, which was also at 47% above the HPI.

How Large is 2 HORSE CHESTNUT LANE?

2 HORSE CHESTNUT LANE is 176m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses by size in Rippingale, and where 2 HORSE CHESTNUT LANE lies on this distribution: 70% of detached houses are smaller than 2 HORSE CHESTNUT LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

2 HORSE CHESTNUT LANE: Plot and Title Map

2 HORSE CHESTNUT LANE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 2 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 2 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 2 HORSE CHESTNUT LANE?

2 HORSE CHESTNUT LANE is located in RIPPINGALE, in the PE10 postcode district. The below map shows the position of No. 2 on HORSE CHESTNUT LANE.