5, RIPON CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UJ - £161,000

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.

5 RIPON CLOSE is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £209,868. It was last sold for £161,000 in August 2017, which was around 31% below the average August 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

5 RIPON CLOSE Sold Prices

Land registry data shows four sales for 5 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 5 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
2017 11 AUG	£161,000	£232,254	31% below HPI
2008 16 JUN	£136,000	£189,264	28% below HPI
2002 19 MAR	£72,000	£96,888	26% below HPI
2001 26 MAR	£61,950	£80,560	23% below HPI

5 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 5 RIPON CLOSE sales between March 2001 and August 2017 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 June 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 RIPON CLOSE be worth now?

5 RIPON CLOSE might now be worth an estimated £209,868.

This is based on house price inflation of 30.4%, between August 2017 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for 5 RIPON CLOSE of £161,000 on 11th August 2017. For the value to have increased from £161,000 to £209,868 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 RIPON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2017 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIPON CLOSE has not materially changed since August 2017.

How Large is 5 RIPON CLOSE?

5 RIPON CLOSE is 87m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 5 RIPON CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 RIPON CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 RIPON CLOSE: Plot and Title Map

5 RIPON CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 5 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 5 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 5 RIPON CLOSE?

5 RIPON CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 5 on RIPON CLOSE.