2, RIDGEWELL CLOSE, LINCOLN, LN6 3QQ - £180,000

2 RIDGEWELL CLOSE is a midsized detached house of 92m², built sometime between 1983 and 1990. It was last sold for £180,000 in May 2021, which was around 34% below the average May 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

2 RIDGEWELL CLOSE Sold Prices

Land registry data shows three sales for 2 RIDGEWELL 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 Lincoln local authority area for the corresponding sale date. All of the three 2 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 7 MAY	£180,000	£271,614	34% below HPI
2005 28 OCT	£135,000	£178,089	24% below HPI
2005 24 JUN	£140,000	£176,206	21% below HPI

2 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 three 2 RIDGEWELL CLOSE sales between June 2005 and May 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 RIDGEWELL CLOSE?

2 RIDGEWELL CLOSE is 92m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 2 RIDGEWELL CLOSE lies on this distribution: 40% of detached houses are smaller than 2 RIDGEWELL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

2 RIDGEWELL CLOSE: Plot and Title Map

2 RIDGEWELL CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 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 2 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 2 RIDGEWELL CLOSE?

2 RIDGEWELL CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 2 on RIDGEWELL CLOSE.