12, RIVERMEAD, LINCOLN, LN6 8FB - £392,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 RIVERMEAD is a very large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £392,500 in May 2023, which was around 30% above the average May 2023 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 RIVERMEAD Sold Prices

Land registry data shows four sales for 12 RIVERMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 12 RIVERMEAD 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
2023 30 MAY	£392,500	£301,829	30% above HPI
2008 28 MAR	£220,000	£194,831	13% above HPI
2002 24 MAY	£135,500	£105,099	29% above HPI
1998 30 OCT	£112,950	£67,531	67% above HPI

12 RIVERMEAD 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 four 12 RIVERMEAD sales between October 1998 and May 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 March 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 12 RIVERMEAD?

12 RIVERMEAD is 140m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 12 RIVERMEAD lies on this distribution: 81% of detached houses are smaller than 12 RIVERMEAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

12 RIVERMEAD: Plot and Title Map

12 RIVERMEAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 12 RIVERMEAD, 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). 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?

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