3, RIDINGS CLOSE, FISKERTON, LINCOLN, LN3 4FE - £176,500

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.

3 RIDINGS CLOSE is a midsized detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £267,739. It was last sold for £176,500 in October 2011, which was around 2% below the average October 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 RIDINGS CLOSE Sold Prices

Land registry data shows three sales for 3 RIDINGS 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 West Lindsey local authority area for the corresponding sale date. All of the three 3 RIDINGS 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
2011 18 OCT	£176,500	£180,869	2% below HPI
2009 27 OCT	£174,950	£178,027	2% below HPI
2004 22 JUL	£164,250	£174,194	6% below HPI

3 RIDINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 3 RIDINGS CLOSE sales between July 2004 and October 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 October 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2011 sale, which was also at 2% below the HPI.

What might 3 RIDINGS CLOSE be worth now?

3 RIDINGS CLOSE might now be worth an estimated £267,739.

This is based on house price inflation of 51.7%, between October 2011 and June 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for 3 RIDINGS CLOSE of £176,500 on 18th October 2011. For the value to have increased from £176,500 to £267,739 over the fourteen years and four months to June 2025, the following assumptions must hold true:

• The value of 3 RIDINGS CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2011 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDINGS CLOSE has not materially changed since October 2011.

How Large is 3 RIDINGS CLOSE?

3 RIDINGS CLOSE is 95m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of detached houses houses in Fiskerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fiskerton, and where 3 RIDINGS CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 RIDINGS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Fiskerton.

3 RIDINGS CLOSE: Plot and Title Map

3 RIDINGS CLOSE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 3 RIDINGS 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 3 RIDINGS 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 3 RIDINGS CLOSE?

3 RIDINGS CLOSE is located in FISKERTON, in the LN3 postcode district. The below map shows the position of No. 3 on RIDINGS CLOSE.