11, RINGWOOD CLOSE, LINCOLN, LN6 0LN - £152,500

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.

11 RINGWOOD CLOSE is a midsized extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £247,059. It was last sold for £152,500 in June 2013, which was around 18% below the average June 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

11 RINGWOOD CLOSE Sold Prices

Land registry data shows two sales for 11 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 11 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
2013 5 JUN	£152,500	£186,244	18% below HPI
2004 4 MAY	£137,000	£170,627	20% below HPI

11 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 11 RINGWOOD CLOSE sales from May 2004 and June 2013 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 May 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 11 RINGWOOD CLOSE be worth now?

11 RINGWOOD CLOSE might now be worth an estimated £247,059.

This is based on house price inflation of 62%, between June 2013 and March 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62% inflationary increase is applied to the most recent sale price for 11 RINGWOOD CLOSE of £152,500 on 5th June 2013. For the value to have increased from £152,500 to £247,059 over the twelve years and three months to March 2025, the following assumptions must hold true:

• The value of 11 RINGWOOD CLOSE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The June 2013 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RINGWOOD CLOSE has not materially changed since June 2013.

How Large is 11 RINGWOOD CLOSE?

11 RINGWOOD CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 11 RINGWOOD CLOSE lies on this distribution: 51% of detached houses houses are smaller than 11 RINGWOOD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

11 RINGWOOD CLOSE: Plot and Title Map

11 RINGWOOD CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 11 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 11 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 11 RINGWOOD CLOSE?

11 RINGWOOD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 11 on RINGWOOD CLOSE.