22, RIPON CLOSE, BRACEBRIDGE HEATH, LINCOLN, LN4 2UJ - £120,000

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.

22 RIPON CLOSE is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £183,002. It was last sold for £120,000 in November 2014, which was around 7% above the average November 2014 terraced price in the North Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was A.

22 RIPON CLOSE Sold Prices

Land registry data shows three sales for 22 RIPON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. All of the three 22 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
2014 10 NOV	£120,000	£112,617	7% above HPI
2008 22 FEB	£117,500	£105,296	12% above HPI
2001 28 JUN	£50,950	£41,805	22% above HPI

22 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 three 22 RIPON CLOSE sales between June 2001 and November 2014 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 February 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2014 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 22 RIPON CLOSE be worth now?

22 RIPON CLOSE might now be worth an estimated £183,002.

This is based on house price inflation of 52.5%, between November 2014 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 52.5% inflationary increase is applied to the most recent sale price for 22 RIPON CLOSE of £120,000 on 10th November 2014. For the value to have increased from £120,000 to £183,002 over the twelve years and seven months to April 2026, the following assumptions must hold true:

• The value of 22 RIPON CLOSE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The November 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RIPON CLOSE has not materially changed since November 2014.

How Large is 22 RIPON CLOSE?

22 RIPON CLOSE is 56m² according to the EPC inspection conducted in June 2014. 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 22 RIPON CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 22 RIPON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

22 RIPON CLOSE: Plot and Title Map

22 RIPON CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 22 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 22 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 22 RIPON CLOSE?

22 RIPON CLOSE is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 22 on RIPON CLOSE.