16, RIDGEWAY, NETTLEHAM, LINCOLN, LN2 2TL - £160,000

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

16 RIDGEWAY is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £160,000 in March 2008, which was around 16% below the average March 2008 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

16 RIDGEWAY Sold Prices

Land registry data shows two sales for 16 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 16 RIDGEWAY 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
2008 12 MAR	£160,000	£190,220	16% below HPI
2006 18 AUG	£149,950	£175,402	15% below HPI

16 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 16 RIDGEWAY sales from August 2006 and March 2008 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2008 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 RIDGEWAY?

16 RIDGEWAY is 71m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 16 RIDGEWAY lies on this distribution: 5% of detached houses are smaller than 16 RIDGEWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

16 RIDGEWAY: Plot and Title Map

16 RIDGEWAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 16 RIDGEWAY, 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 16 RIDGEWAY). 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 16 RIDGEWAY?

16 RIDGEWAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 16 on RIDGEWAY.