HELE HOUSE, HIGH STREET, RIPPINGALE, BOURNE, PE10 0SR - £450,000

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

HELE HOUSE is a large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £450,000 in October 2021, which was around 32% above the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was B.

HELE HOUSE Sold Prices

Land registry data shows three sales for HELE HOUSE 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 HELE HOUSE 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
2021 29 OCT	£450,000	£341,775	32% above HPI
2003 22 JAN	£235,000	£169,853	38% above HPI
1998 23 FEB	£86,250	£81,939	5% above HPI

HELE HOUSE 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 HELE HOUSE sales between February 1998 and October 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 January 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is HELE HOUSE?

HELE HOUSE is 164m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses by size in Rippingale, and where HELE HOUSE lies on this distribution: 63% of detached houses are smaller than HELE HOUSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

HELE HOUSE: Plot and Title Map

HELE HOUSE sits on a plot of roughly 0.276 of an acre, or 1,118m². The below map shows the location of HELE HOUSE, 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 HELE HOUSE). 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 HELE HOUSE?

HELE HOUSE is located on HIGH STREET in RIPPINGALE, in the PE10 postcode district. The below map shows the position of HELE HOUSE on HIGH STREET.