RIDGEBACK HOUSE, SCHOOL LANE, HARMSTON, LINCOLN, LN5 9SP - £266,000

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.

RIDGEBACK HOUSE is a very small detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £319,364. It was last sold for £266,000 in October 2018, which was around 5% above the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

RIDGEBACK HOUSE Sold Prices

Land registry data shows two sales for RIDGEBACK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two RIDGEBACK HOUSE 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
2018 18 OCT	£266,000	£252,161	5% above HPI
2002 18 DEC	£155,000	£122,359	27% above HPI

RIDGEBACK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two RIDGEBACK HOUSE sales from December 2002 and October 2018 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 December 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might RIDGEBACK HOUSE be worth now?

RIDGEBACK HOUSE might now be worth an estimated £319,364.

This is based on house price inflation of 20.1%, between October 2018 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for RIDGEBACK HOUSE of £266,000 on 18th October 2018. For the value to have increased from £266,000 to £319,364 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of RIDGEBACK HOUSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2018 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEBACK HOUSE has not materially changed since October 2018.

How Large is RIDGEBACK HOUSE?

RIDGEBACK HOUSE is 102m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harmston, and where RIDGEBACK HOUSE lies on this distribution: 8% of detached houses houses are smaller than RIDGEBACK HOUSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Harmston.

RIDGEBACK HOUSE: Plot and Title Map

RIDGEBACK HOUSE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of RIDGEBACK HOUSE, 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 RIDGEBACK HOUSE). 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 RIDGEBACK HOUSE?

RIDGEBACK HOUSE is located on SCHOOL LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of RIDGEBACK HOUSE on SCHOOL LANE.