7, MIDDLE STREET, RIPPINGALE, BOURNE, PE10 0SU - £315,000

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

7 MIDDLE STREET is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £315,000 in February 2021, which was around 4% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

7 MIDDLE STREET Sold Prices

Land registry data shows three sales for 7 MIDDLE STREET 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. Two of the three 7 MIDDLE STREET sales were for below the average price, whilst one was 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
2021 10 FEB	£315,000	£329,337	4% below HPI
2016 16 DEC	£285,000	£272,264	5% above HPI
2002 22 JAN	£97,500	£128,517	24% below HPI

7 MIDDLE STREET 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 7 MIDDLE STREET sales between January 2002 and February 2021 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 December 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 MIDDLE STREET?

7 MIDDLE STREET is 79m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses by size in Rippingale, and where 7 MIDDLE STREET lies on this distribution: 2% of detached houses are smaller than 7 MIDDLE STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

7 MIDDLE STREET: Plot and Title Map

7 MIDDLE STREET sits on a plot of roughly 0.252 of an acre, or 1,018m². The below map shows the location of 7 MIDDLE STREET, 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 7 MIDDLE STREET). 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 7 MIDDLE STREET?

7 MIDDLE STREET is located in RIPPINGALE, in the PE10 postcode district. The below map shows the position of No. 7 on MIDDLE STREET.