16, THE RISE, NAVENBY, LINCOLN, LN5 0JN - £279,000

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

16 THE RISE is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £279,000 in June 2019, which was around 11% above the average June 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

16 THE RISE Sold Prices

Land registry data shows three sales for 16 THE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 16 THE RISE sales was for above the average price, whilst two 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
2019 3 JUN	£279,000	£252,423	11% above HPI
2003 14 AUG	£142,000	£148,282	4% below HPI
2000 4 APR	£70,000	£75,719	8% below HPI

16 THE RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 16 THE RISE sales between April 2000 and June 2019 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 16 THE RISE?

16 THE RISE is 109m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 16 THE RISE lies on this distribution: 52% of detached houses are smaller than 16 THE RISE, and 48% of houses are larger. Note that EPC data is not available for all properties in Navenby.

16 THE RISE: Plot and Title Map

16 THE RISE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 16 THE RISE, 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 THE RISE). 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 THE RISE?

16 THE RISE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 16 on THE RISE.