3, RIDGE VIEW, HARMSTON, LINCOLN, LN5 9GH - £825,000

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

3 RIDGE VIEW is a very large extended detached house of 305m², built sometime between 1996 and 2002. It was last sold for £825,000 in April 2021, which was around 202% above the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

3 RIDGE VIEW Sold Prices

Land registry data shows two sales for 3 RIDGE VIEW 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 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 15 APR	£825,000	£273,517	202% above HPI
2001 16 MAY	£295,000	£83,308	254% above HPI

3 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 two 3 RIDGE VIEW sales from May 2001 and April 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 May 2001 sale was for 254% above the HPI. So the extrapolation line tracks at 254% above the HPI over time, until the April 2021 sale, where it falls to 202% above the HPI. The line then continues to track at 202% above the HPI.

How Large is 3 RIDGE VIEW?

3 RIDGE VIEW is 305m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where 3 RIDGE VIEW lies on this distribution: 89% of detached houses are smaller than 3 RIDGE VIEW, and 11% of houses are larger. Note that EPC data is not available for all properties in Harmston.

3 RIDGE VIEW: Plot and Title Map

3 RIDGE VIEW sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of 3 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 3 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 3 RIDGE VIEW?

3 RIDGE VIEW is located in HARMSTON, in the LN5 postcode district. The below map shows the position of No. 3 on RIDGE VIEW.