27, MILLERS CLOSE, RIPPINGALE, BOURNE, PE10 0TH - £179,950

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.

27 MILLERS CLOSE is a small detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £300,465. It was last sold for £179,950 in August 2011, which was around 18% below the average August 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2010, where the current energy rating was F, and the potential energy rating was E.

27 MILLERS CLOSE Sold Prices

Land registry data shows three sales for 27 MILLERS CLOSE 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 27 MILLERS CLOSE 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
2011 16 AUG	£179,950	£219,463	18% below HPI
2005 24 AUG	£189,000	£210,044	10% below HPI
2002 26 JUN	£142,000	£138,276	3% above HPI

27 MILLERS CLOSE 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 27 MILLERS CLOSE sales between June 2002 and August 2011 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 August 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2011 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 27 MILLERS CLOSE be worth now?

27 MILLERS CLOSE might now be worth an estimated £300,465.

This is based on house price inflation of 67%, between August 2011 and May 2026, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67% inflationary increase is applied to the most recent sale price for 27 MILLERS CLOSE of £179,950 on 16th August 2011. For the value to have increased from £179,950 to £300,465 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 27 MILLERS CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2011 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 27 MILLERS CLOSE has not materially changed since August 2011.

How Large is 27 MILLERS CLOSE?

27 MILLERS CLOSE is 116m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 30% of detached houses houses in Rippingale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rippingale, and where 27 MILLERS CLOSE lies on this distribution: 27% of detached houses houses are smaller than 27 MILLERS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Rippingale.

27 MILLERS CLOSE: Plot and Title Map

27 MILLERS CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 27 MILLERS 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 27 MILLERS 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 27 MILLERS CLOSE?

27 MILLERS CLOSE is located in RIPPINGALE, in the PE10 postcode district. The below map shows the position of No. 27 on MILLERS CLOSE.