3, RINGWOOD CLOSE, LINCOLN, LN6 0LN - £180,000

3 RINGWOOD CLOSE is a midsized extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £180,000 in August 2016, which was around 19% below the average August 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was A.

3 RINGWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 RINGWOOD 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 3 RINGWOOD 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
2016 9 AUG	£180,000	£223,048	19% below HPI
2011 12 DEC	£160,000	£172,579	7% below HPI

3 RINGWOOD 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 3 RINGWOOD CLOSE sales from December 2011 and August 2016 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 December 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 RINGWOOD CLOSE?

3 RINGWOOD CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 3 RINGWOOD CLOSE lies on this distribution: 45% of detached houses are smaller than 3 RINGWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 RINGWOOD CLOSE: Plot and Title Map

3 RINGWOOD CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 3 RINGWOOD 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 RINGWOOD 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 RINGWOOD CLOSE?

3 RINGWOOD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on RINGWOOD CLOSE.