5, RIDINGS CLOSE, FISKERTON, LINCOLN, LN3 4FE - £285,000

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

5 RIDINGS CLOSE is a large detached house of 116m², built sometime between 2003 and 2006. It was last sold for £285,000 in January 2018, which was around 30% above the average January 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

5 RIDINGS CLOSE Sold Prices

Land registry data shows two sales for 5 RIDINGS CLOSE 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 5 RIDINGS CLOSE 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
2018 8 JAN	£285,000	£219,568	30% above HPI
2004 15 DEC	£189,995	£171,463	11% above HPI

5 RIDINGS CLOSE 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 5 RIDINGS CLOSE sales from December 2004 and January 2018 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 December 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2018 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 5 RIDINGS CLOSE?

5 RIDINGS CLOSE is 116m² according to the EPC inspection conducted in December 2016. This puts it in the largest 40% of detached houses in Fiskerton, based on EPC data. The below chart shows the distribution of detached houses by size in Fiskerton, and where 5 RIDINGS CLOSE lies on this distribution: 64% of detached houses are smaller than 5 RIDINGS CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Fiskerton.

5 RIDINGS CLOSE: Plot and Title Map

5 RIDINGS CLOSE sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 5 RIDINGS CLOSE, 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 RIDINGS CLOSE). 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 RIDINGS CLOSE?

5 RIDINGS CLOSE is located in FISKERTON, in the LN3 postcode district. The below map shows the position of No. 5 on RIDINGS CLOSE.