3, RAVENWOOD, WASHINGBOROUGH, LINCOLN, LN4 1TS - £427,000

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

3 RAVENWOOD is a very large extended detached house of 194m², built sometime between 2003 and 2006. It was last sold for £427,000 in July 2019, which was around 70% above the average July 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 RAVENWOOD Sold Prices

Land registry data shows two sales for 3 RAVENWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 3 RAVENWOOD 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
2019 29 JUL	£427,000	£251,361	70% above HPI
2005 1 SEP	£320,000	£178,724	79% above HPI

3 RAVENWOOD 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 two 3 RAVENWOOD sales from September 2005 and July 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 September 2005 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2019 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 3 RAVENWOOD?

3 RAVENWOOD is 194m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 3 RAVENWOOD lies on this distribution: 95% of detached houses are smaller than 3 RAVENWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

3 RAVENWOOD: Plot and Title Map

3 RAVENWOOD sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of 3 RAVENWOOD, 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 3 RAVENWOOD). 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 3 RAVENWOOD?

3 RAVENWOOD is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 3 on RAVENWOOD.