2, RIDGE VIEW, HARMSTON, LINCOLN, LN5 9GH - £1,160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RIDGE VIEW is a very large extended detached house of 450m², built sometime between 2003 and 2006, which could now be worth an estimated £1,265,761. It was last sold for £1,160,000 in February 2021, which was around 330% above the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

2 RIDGE VIEW Sold Prices

Land registry data shows four sales for 2 RIDGE VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 2 RIDGE VIEW 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
2021 19 FEB	£1,160,000	£270,024	330% above HPI
2019 3 OCT	£915,000	£254,391	260% above HPI
2006 20 OCT	£450,000	£187,571	140% above HPI
1999 3 DEC	£60,000	£71,970	17% below HPI

2 RIDGE VIEW 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 four 2 RIDGE VIEW sales between December 1999 and February 2021 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 October 2019 sale was for 260% above the HPI. So the extrapolation line tracks at 260% above the HPI over time, until the February 2021 sale, where it rises to 330% above the HPI. The line then continues to track at 330% above the HPI.

What might 2 RIDGE VIEW be worth now?

2 RIDGE VIEW might now be worth an estimated £1,265,761.

This is based on house price inflation of 9.1%, between February 2021 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 2 RIDGE VIEW of £1,160,000 on 19th February 2021. For the value to have increased from £1,160,000 to £1,265,761 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 RIDGE VIEW has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2021 sale price of £1,160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGE VIEW has not materially changed since February 2021.

How Large is 2 RIDGE VIEW?

2 RIDGE VIEW is 450m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmston, and where 2 RIDGE VIEW lies on this distribution: 98% of detached houses houses are smaller than 2 RIDGE VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Harmston.

2 RIDGE VIEW: Plot and Title Map

2 RIDGE VIEW sits on a plot of roughly 0.354 of an acre, or 1,434m². The below map shows the location of 2 RIDGE VIEW, 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 2 RIDGE VIEW). 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 2 RIDGE VIEW?

2 RIDGE VIEW is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 2 on RIDGE VIEW.