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
6 RINGWOOD CLOSE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £236,000 in August 2021, which was around 14% below the average August 2021 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 6 RINGWOOD CLOSE since 1st 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 6 RINGWOOD CLOSE 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 |
---|---|---|---|
2021 25 AUG | £236,000 | £274,260 | 14% below HPI |
2010 23 AUG | £150,000 | £173,595 | 14% below HPI |
2008 28 MAY | £177,000 | £190,247 | 7% below HPI |
2001 6 JUL | £78,000 | £86,596 | 10% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 6 RINGWOOD CLOSE sales between July 2001 and August 2021 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 August 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, which was also at 14% below the HPI.
6 RINGWOOD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 6 RINGWOOD CLOSE lies on this distribution: 38% of detached houses are smaller than 6 RINGWOOD CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
6 RINGWOOD CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 6 RINGWOOD 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 RINGWOOD 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.
6 RINGWOOD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 6 on RINGWOOD CLOSE.