10, RIDGEWAY, SOUTHWELL, NG25 0DU - £64,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 RIDGEWAY is a very small detached house of 68m², which could now be worth an estimated £250,028. It was last sold for £64,000 in November 1998, which was around 29% below the average November 1998 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

10 RIDGEWAY Sold Prices

Land registry data shows two sales for 10 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 10 RIDGEWAY 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 23 NOV	£64,000	£90,100	29% below HPI
1995 16 MAY	£53,500	£74,342	28% below HPI

10 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 10 RIDGEWAY sales from May 1995 and November 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 May 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 1998 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 10 RIDGEWAY be worth now?

10 RIDGEWAY might now be worth an estimated £250,028.

This is based on house price inflation of 290.7%, between November 1998 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 290.7% inflationary increase is applied to the most recent sale price for 10 RIDGEWAY of £64,000 on 23rd November 1998. For the value to have increased from £64,000 to £250,028 over the 27 years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 RIDGEWAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 1998 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDGEWAY has not materially changed since November 1998.

How Large is 10 RIDGEWAY?

10 RIDGEWAY is 68m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southwell, and where 10 RIDGEWAY lies on this distribution: 6% of detached houses houses are smaller than 10 RIDGEWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Southwell.

10 RIDGEWAY: Plot and Title Map

10 RIDGEWAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 10 RIDGEWAY, 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 10 RIDGEWAY). 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 10 RIDGEWAY?

10 RIDGEWAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 10 on RIDGEWAY.