18, RIPON CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UJ - £188,000

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.

18 RIPON CLOSE is a very small semi-detached house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £197,860. It was last sold for £188,000 in July 2023, which was around 5% below the average July 2023 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

18 RIPON CLOSE Sold Prices

Land registry data shows six sales for 18 RIPON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 18 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
2023 14 JUL	£188,000	£198,527	5% below HPI
2021 22 OCT	£165,000	£183,866	10% below HPI
2014 6 JUN	£120,000	£128,588	7% below HPI
2004 26 NOV	£113,000	£110,060	3% above HPI
2002 1 NOV	£82,950	£75,001	11% above HPI
2001 27 APR	£47,950	£48,981	2% below HPI

18 RIPON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The six 18 RIPON CLOSE sales between April 2001 and July 2023 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 October 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 18 RIPON CLOSE be worth now?

18 RIPON CLOSE might now be worth an estimated £197,860.

This is based on house price inflation of 5.2%, between July 2023 and April 2026, for semi-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 5.2% inflationary increase is applied to the most recent sale price for 18 RIPON CLOSE of £188,000 on 14th July 2023. For the value to have increased from £188,000 to £197,860 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 18 RIPON CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The July 2023 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 18 RIPON CLOSE has not materially changed since July 2023.

How Large is 18 RIPON CLOSE?

18 RIPON CLOSE is 57m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of semi-detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bracebridge Heath, and where 18 RIPON CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 18 RIPON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

18 RIPON CLOSE: Plot and Title Map

18 RIPON CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 18 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 18 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 18 RIPON CLOSE?

18 RIPON CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 18 on RIPON CLOSE.