12, RIDGEWELL CLOSE, LINCOLN, LN6 3QQ - £215,000

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.

12 RIDGEWELL CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £219,927. It was last sold for £215,000 in September 2024, which was around 9% above the average September 2024 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

12 RIDGEWELL CLOSE Sold Prices

Land registry data shows five sales for 12 RIDGEWELL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Most of the five 12 RIDGEWELL 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
2024 26 SEP	£215,000	£197,925	9% above HPI
2024 6 MAR	£132,000	£191,117	31% below HPI
2007 27 JUN	£133,000	£130,074	2% above HPI
2006 15 SEP	£105,500	£120,956	13% below HPI
2000 11 FEB	£50,000	£44,048	14% above HPI

12 RIDGEWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The five 12 RIDGEWELL CLOSE sales between February 2000 and September 2024 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 March 2024 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 12 RIDGEWELL CLOSE be worth now?

12 RIDGEWELL CLOSE might now be worth an estimated £219,927.

This is based on house price inflation of 2.3%, between September 2024 and March 2025, for semi-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 2.3% inflationary increase is applied to the most recent sale price for 12 RIDGEWELL CLOSE of £215,000 on 26th September 2024. For the value to have increased from £215,000 to £219,927 over the one year and six months to March 2025, the following assumptions must hold true:

• The value of 12 RIDGEWELL CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The September 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RIDGEWELL CLOSE has not materially changed since September 2024.

How Large is 12 RIDGEWELL CLOSE?

12 RIDGEWELL CLOSE is 66m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 12 RIDGEWELL CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 12 RIDGEWELL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 RIDGEWELL CLOSE: Plot and Title Map

12 RIDGEWELL CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 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 12 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 12 RIDGEWELL CLOSE?

12 RIDGEWELL CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 12 on RIDGEWELL CLOSE.