1, RIDGEWOOD, OAKWOOD, DERBY, DE21 2NB - £65,000

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.

1 RIDGEWOOD is a midsized extended detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £305,921. It was last sold for £65,000 in April 1998, which was around 4% below the average April 1998 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

1 RIDGEWOOD Sold Prices

Land registry data shows two sales for 1 RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 1 RIDGEWOOD 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
1998 30 APR	£65,000	£67,532	4% below HPI
1996 21 JUN	£59,000	£62,852	6% below HPI

1 RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 1 RIDGEWOOD sales from June 1996 and April 1998 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 June 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 1998 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 RIDGEWOOD be worth now?

1 RIDGEWOOD might now be worth an estimated £305,921.

This is based on house price inflation of 370.6%, between April 1998 and June 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 370.6% inflationary increase is applied to the most recent sale price for 1 RIDGEWOOD of £65,000 on 30th April 1998. For the value to have increased from £65,000 to £305,921 over the 26 years and ten months to June 2025, the following assumptions must hold true:

• The value of 1 RIDGEWOOD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 1998 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIDGEWOOD has not materially changed since April 1998.

How Large is 1 RIDGEWOOD?

1 RIDGEWOOD is 115m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 1 RIDGEWOOD lies on this distribution: 58% of detached houses houses are smaller than 1 RIDGEWOOD, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

1 RIDGEWOOD: Plot and Title Map

1 RIDGEWOOD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 RIDGEWOOD, 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 1 RIDGEWOOD). 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 1 RIDGEWOOD?

1 RIDGEWOOD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 1 on RIDGEWOOD.