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
15 RIVERMEAD is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £167,500 in March 2009, which was about the average March 2009 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 15 RIVERMEAD since 1st 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 15 RIVERMEAD sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2009 13 MAR | £167,500 | £167,046 | Close to HPI |
2002 23 AUG | £130,000 | £116,733 | 11% above HPI |
2000 25 SEP | £77,450 | £79,301 | 2% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 15 RIVERMEAD sales between September 2000 and March 2009 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 August 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2009 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
15 RIVERMEAD is 87m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 RIVERMEAD lies on this distribution: 35% of detached houses are smaller than 15 RIVERMEAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
15 RIVERMEAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 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 15 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.
15 RIVERMEAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 15 on RIVERMEAD.