12, RIVERMEAD CLOSE, LINCOLN, LN6 8FD - £312,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 RIVERMEAD CLOSE is a midsized extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £312,500 in June 2023, which was around 3% above the average June 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

12 RIVERMEAD CLOSE Sold Prices

Land registry data shows three sales for 12 RIVERMEAD 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 Lincoln local authority area for the corresponding sale date. The three 12 RIVERMEAD CLOSE sales were a mix of above the average price, and roughly equal to 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
2023 23 JUN	£312,500	£304,590	3% above HPI
2010 17 JUN	£175,250	£176,104	Close to HPI
2000 24 MAR	£86,950	£73,703	18% above HPI

12 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 three 12 RIVERMEAD CLOSE sales between March 2000 and June 2023 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 June 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 12 RIVERMEAD CLOSE?

12 RIVERMEAD CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 12 RIVERMEAD CLOSE lies on this distribution: 48% of detached houses are smaller than 12 RIVERMEAD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 RIVERMEAD CLOSE: Plot and Title Map

12 RIVERMEAD CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 12 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 12 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 12 RIVERMEAD CLOSE?

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