9, RIDGE CLOSE, WELTON, LINCOLN, LN2 3UB - £370,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

9 RIDGE CLOSE is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £370,000 in September 2021, which was around 47% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

9 RIDGE CLOSE Sold Prices

Land registry data shows three sales for 9 RIDGE 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 West Lindsey local authority area for the corresponding sale date. All of the three 9 RIDGE 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
2021 30 SEP	£370,000	£252,547	47% above HPI
2021 23 SEP	£375,000	£252,547	48% above HPI
1999 29 JAN	£92,700	£67,266	38% above HPI

9 RIDGE 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 three 9 RIDGE CLOSE sales between January 1999 and September 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 September 2021 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 9 RIDGE CLOSE?

9 RIDGE CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 9 RIDGE CLOSE lies on this distribution: 54% of detached houses are smaller than 9 RIDGE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Welton.

9 RIDGE CLOSE: Plot and Title Map

9 RIDGE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 9 RIDGE 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 9 RIDGE 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 9 RIDGE CLOSE?

9 RIDGE CLOSE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 9 on RIDGE CLOSE.