7, RIVERMEAD CLOSE, LINCOLN, LN6 8FD - £348,000

7 RIVERMEAD CLOSE is a very large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £348,000 in April 2021, which was around 30% above the average April 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

7 RIVERMEAD CLOSE Sold Prices

Land registry data shows two sales for 7 RIVERMEAD 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 7 RIVERMEAD CLOSE sales were for above 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 1 APR	£348,000	£267,251	30% above HPI
2001 4 APR	£135,250	£82,722	63% above HPI

7 RIVERMEAD 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 7 RIVERMEAD CLOSE sales from April 2001 and April 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 2001 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the April 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 7 RIVERMEAD CLOSE?

7 RIVERMEAD CLOSE is 141m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 7 RIVERMEAD CLOSE lies on this distribution: 82% of detached houses are smaller than 7 RIVERMEAD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

7 RIVERMEAD CLOSE: Plot and Title Map

7 RIVERMEAD CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 7 RIVERMEAD 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 7 RIVERMEAD 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 7 RIVERMEAD CLOSE?

7 RIVERMEAD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 7 on RIVERMEAD CLOSE.