1, RIDGEWELL CLOSE, LINCOLN, LN6 3QQ - £285,000

1 RIDGEWELL CLOSE is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £285,000 in October 2021, which was around 1% below the average October 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was B.

1 RIDGEWELL CLOSE Sold Prices

Land registry data shows two sales for 1 RIDGEWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 1 RIDGEWELL 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
2021 27 OCT	£285,000	£288,020	1% below HPI
2015 27 APR	£177,000	£205,149	14% below HPI

1 RIDGEWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 1 RIDGEWELL CLOSE sales from April 2015 and October 2021 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 RIDGEWELL CLOSE?

1 RIDGEWELL CLOSE is 123m² according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 1 RIDGEWELL CLOSE lies on this distribution: 72% of detached houses are smaller than 1 RIDGEWELL CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 RIDGEWELL CLOSE: Plot and Title Map

1 RIDGEWELL CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 RIDGEWELL 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 1 RIDGEWELL 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 1 RIDGEWELL CLOSE?

1 RIDGEWELL CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 1 on RIDGEWELL CLOSE.