49, RIDGEWAY, NETTLEHAM, LINCOLN, LN2 2TL - £237,000

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

49 RIDGEWAY is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £237,000 in December 2011, which was around 35% above the average December 2011 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

49 RIDGEWAY Sold Prices

Land registry data shows two sales for 49 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 49 RIDGEWAY 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
2011 5 DEC	£237,000	£175,698	35% above HPI
1999 5 NOV	£76,000	£73,324	4% above HPI

49 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 two 49 RIDGEWAY sales from November 1999 and December 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 November 1999 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2011 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 49 RIDGEWAY?

49 RIDGEWAY is 110m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Nettleham, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleham, and where 49 RIDGEWAY lies on this distribution: 46% of detached houses are smaller than 49 RIDGEWAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Nettleham.

49 RIDGEWAY: Plot and Title Map

49 RIDGEWAY sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of 49 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 49 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 49 RIDGEWAY?

49 RIDGEWAY is located in NETTLEHAM, in the LN2 postcode district. The below map shows the position of No. 49 on RIDGEWAY.