3, RIPON CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UJ - £170,000

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

3 RIPON CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002. It was last sold for £170,000 in March 2022, which was around 43% below the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

3 RIPON CLOSE Sold Prices

Land registry data shows four sales for 3 RIPON 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 North Kesteven local authority area for the corresponding sale date. All of the four 3 RIPON 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
2022 1 MAR	£170,000	£298,804	43% below HPI
2014 31 JAN	£120,000	£184,900	35% below HPI
2008 27 JUN	£113,000	£191,692	41% below HPI
2000 30 MAR	£48,500	£74,351	35% below HPI

3 RIPON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 3 RIPON CLOSE sales between March 2000 and March 2022 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 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 RIPON CLOSE?

3 RIPON CLOSE is 56m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bracebridge Heath, and where 3 RIPON CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 3 RIPON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

3 RIPON CLOSE: Plot and Title Map

3 RIPON CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 3 RIPON 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 3 RIPON 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 3 RIPON CLOSE?

3 RIPON CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 3 on RIPON CLOSE.