5, RIVERMEAD CLOSE, LINCOLN, LN6 8FD - £320,000

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

5 RIVERMEAD CLOSE is a very large detached house of 160m², built sometime between 2003 and 2006. It was last sold for £320,000 in December 2020, which was around 22% above the average December 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 RIVERMEAD CLOSE Sold Prices

Land registry data shows four sales for 5 RIVERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 5 RIVERMEAD 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
2020 11 DEC	£320,000	£261,565	22% above HPI
2006 30 JUN	£217,500	£181,453	20% above HPI
2004 13 APR	£196,500	£164,867	19% above HPI
2002 31 JUL	£155,000	£111,956	38% above HPI

5 RIVERMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 5 RIVERMEAD CLOSE sales between July 2002 and December 2020 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 June 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2020 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 5 RIVERMEAD CLOSE?

5 RIVERMEAD CLOSE is 160m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 5 RIVERMEAD CLOSE lies on this distribution: 90% of detached houses are smaller than 5 RIVERMEAD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

5 RIVERMEAD CLOSE: Plot and Title Map

5 RIVERMEAD CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 RIVERMEAD 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 RIVERMEAD 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 RIVERMEAD CLOSE?

5 RIVERMEAD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 5 on RIVERMEAD CLOSE.