8, RINGWOOD CLOSE, LINCOLN, LN6 0LN - £195,000

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

8 RINGWOOD CLOSE is a midsized detached house of 93m², built sometime between 1967 and 1975. It was last sold for £195,000 in August 2017, which was around 15% below the average August 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

8 RINGWOOD CLOSE Sold Prices

Land registry data shows three sales for 8 RINGWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 8 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
2017 23 AUG	£195,000	£228,980	15% below HPI
2009 28 AUG	£140,000	£170,874	18% below HPI
1997 15 JUL	£60,000	£65,515	8% below HPI

8 RINGWOOD 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 three 8 RINGWOOD CLOSE sales between July 1997 and August 2017 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 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 RINGWOOD CLOSE?

8 RINGWOOD CLOSE is 93m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 8 RINGWOOD CLOSE lies on this distribution: 41% of detached houses are smaller than 8 RINGWOOD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

8 RINGWOOD CLOSE: Plot and Title Map

8 RINGWOOD CLOSE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 8 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 8 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.

Where is 8 RINGWOOD CLOSE?

8 RINGWOOD CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 8 on RINGWOOD CLOSE.