20, RIPON CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UJ - £165,000

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.

20 RIPON CLOSE is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £165,328. It was last sold for £165,000 in December 2022, which was around 4% below the average December 2022 terraced price in the North Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

20 RIPON CLOSE Sold Prices

Land registry data shows five sales for 20 RIPON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. Most of the five 20 RIPON CLOSE 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
2022 5 DEC	£165,000	£171,402	4% below HPI
2018 27 APR	£126,000	£129,373	3% below HPI
2016 17 JUN	£123,000	£120,909	2% above HPI
2004 8 OCT	£106,500	£90,665	17% above HPI
2001 10 MAY	£50,950	£41,059	24% above HPI

20 RIPON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The five 20 RIPON CLOSE sales between May 2001 and December 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 April 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 20 RIPON CLOSE be worth now?

20 RIPON CLOSE might now be worth an estimated £165,328.

This is based on house price inflation of 0.2%, between December 2022 and April 2026, for terraced 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 0.2% inflationary increase is applied to the most recent sale price for 20 RIPON CLOSE of £165,000 on 5th December 2022. For the value to have increased from £165,000 to £165,328 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 20 RIPON CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The December 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RIPON CLOSE has not materially changed since December 2022.

How Large is 20 RIPON CLOSE?

20 RIPON CLOSE is 57m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of terraced houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bracebridge Heath, and where 20 RIPON CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 20 RIPON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

20 RIPON CLOSE: Plot and Title Map

20 RIPON CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 20 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 20 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 20 RIPON CLOSE?

20 RIPON CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 20 on RIPON CLOSE.