6, RIPON PLACE, MABLETHORPE, LN12 2DL - £129,950

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.

6 RIPON PLACE is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £191,610. It was last sold for £129,950 in September 2015, which was around 4% above the average September 2015 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

6 RIPON PLACE Sold Prices

Land registry data shows three sales for 6 RIPON PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the three 6 RIPON PLACE sales was for above the average price, whilst two 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
2015 11 SEP	£129,950	£125,245	4% above HPI
2013 3 APR	£94,000	£113,322	17% below HPI
1998 15 OCT	£37,500	£40,866	8% below HPI

6 RIPON PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 6 RIPON PLACE sales between October 1998 and September 2015 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 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 6 RIPON PLACE be worth now?

6 RIPON PLACE might now be worth an estimated £191,610.

This is based on house price inflation of 47.4%, between September 2015 and May 2026, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for 6 RIPON PLACE of £129,950 on 11th September 2015. For the value to have increased from £129,950 to £191,610 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 6 RIPON PLACE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2015 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 6 RIPON PLACE has not materially changed since September 2015.

How Large is 6 RIPON PLACE?

6 RIPON PLACE is 58m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where 6 RIPON PLACE lies on this distribution: 17% of semi-detached houses houses are smaller than 6 RIPON PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

6 RIPON PLACE: Plot and Title Map

6 RIPON PLACE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 6 RIPON PLACE, 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 6 RIPON PLACE). 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 6 RIPON PLACE?

6 RIPON PLACE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 6 on RIPON PLACE.