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

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

RIDGEBACK HOUSE is a very small detached house of 102m², built sometime between 1950 and 1966. It was last sold for £266,000 in October 2018, which was around 4% 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	£255,395	4% above HPI
2002 18 DEC	£155,000	£123,929	25% 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 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

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 in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where RIDGEBACK HOUSE lies on this distribution: 8% of detached 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.