43, RIDGEWAY, NETTLEHAM, LINCOLN, LN2 2TL - £184,950

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

43 RIDGEWAY is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £184,950 in May 2011, which was around 3% above the average May 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

43 RIDGEWAY Sold Prices

Land registry data shows three sales for 43 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the three 43 RIDGEWAY 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
2011 5 MAY	£184,950	£180,380	3% above HPI
2004 21 OCT	£163,000	£172,079	5% below HPI
2000 4 AUG	£69,000	£74,056	7% below HPI

43 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 three 43 RIDGEWAY sales between August 2000 and May 2011 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 43 RIDGEWAY?

43 RIDGEWAY is 76m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 43 RIDGEWAY lies on this distribution: 12% of detached houses are smaller than 43 RIDGEWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

43 RIDGEWAY: Plot and Title Map

43 RIDGEWAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 43 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 43 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 43 RIDGEWAY?

43 RIDGEWAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 43 on RIDGEWAY.