5, RIDGEWAY, BRACEBRIDGE HEATH, LINCOLN, LN4 2NU - £262,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RIDGEWAY is a small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £263,970. It was last sold for £262,000 in June 2022, which was around 13% below the average June 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

5 RIDGEWAY Sold Prices

Land registry data shows two sales for 5 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 North Kesteven local authority area for the corresponding sale date. Both of the two 5 RIDGEWAY sales 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
2022 10 JUN	£262,000	£300,490	13% below HPI
2012 30 APR	£118,000	£180,769	35% below HPI

5 RIDGEWAY 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 5 RIDGEWAY sales from April 2012 and June 2022 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 April 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 RIDGEWAY be worth now?

5 RIDGEWAY might now be worth an estimated £263,970.

This is based on house price inflation of 0.8%, between June 2022 and February 2025, 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 0.8% inflationary increase is applied to the most recent sale price for 5 RIDGEWAY of £262,000 on 10th June 2022. For the value to have increased from £262,000 to £263,970 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 RIDGEWAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2022 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIDGEWAY has not materially changed since June 2022.

How Large is 5 RIDGEWAY?

5 RIDGEWAY is 83m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in Bracebridge Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bracebridge Heath, and where 5 RIDGEWAY lies on this distribution: 25% of detached houses houses are smaller than 5 RIDGEWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bracebridge Heath.

5 RIDGEWAY: Plot and Title Map

5 RIDGEWAY sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 5 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 5 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 5 RIDGEWAY?

5 RIDGEWAY is located in BRACEBRIDGE HEATH, in the LN4 postcode district. The below map shows the position of No. 5 on RIDGEWAY.