6, RIDGEWELL CLOSE, LINCOLN, LN6 3QQ - £144,950

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.

6 RIDGEWELL CLOSE is a very small semi-detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £204,375. It was last sold for £144,950 in May 2016, which was around 2% above the average May 2016 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

6 RIDGEWELL CLOSE Sold Prices

Land registry data shows four sales for 6 RIDGEWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. The four 6 RIDGEWELL CLOSE sales were a mix of above the average price, and roughly equal to 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
2016 24 MAY	£144,950	£142,007	2% above HPI
2009 20 JAN	£114,000	£112,488	1% above HPI
2008 25 JUL	£125,000	£122,032	2% above HPI
1999 12 AUG	£44,000	£43,900	Close to HPI

6 RIDGEWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 6 RIDGEWELL CLOSE sales between August 1999 and May 2016 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 January 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 6 RIDGEWELL CLOSE be worth now?

6 RIDGEWELL CLOSE might now be worth an estimated £204,375.

This is based on house price inflation of 41%, between May 2016 and February 2025, for semi-detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41% inflationary increase is applied to the most recent sale price for 6 RIDGEWELL CLOSE of £144,950 on 24th May 2016. For the value to have increased from £144,950 to £204,375 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 6 RIDGEWELL CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The May 2016 sale price of £144,950 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDGEWELL CLOSE has not materially changed since May 2016.

How Large is 6 RIDGEWELL CLOSE?

6 RIDGEWELL CLOSE is 67m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 6 RIDGEWELL CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 6 RIDGEWELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 RIDGEWELL CLOSE: Plot and Title Map

6 RIDGEWELL CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 6 RIDGEWELL 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 6 RIDGEWELL 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 6 RIDGEWELL CLOSE?

6 RIDGEWELL CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 6 on RIDGEWELL CLOSE.