15, THE RIDINGS, SOUTHPORT, PR9 8NG - £117,000

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.

15 THE RIDINGS is a very small detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £159,949. It was last sold for £117,000 in May 2020, which was around 58% below the average May 2020 detached price in the Sefton local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

15 THE RIDINGS Sold Prices

Land registry data shows four sales for 15 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the four 15 THE RIDINGS 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
2020 19 MAY	£117,000	£278,692	58% below HPI
2019 7 FEB	£117,000	£277,885	58% below HPI
2004 6 OCT	£157,000	£224,848	30% below HPI
2003 30 APR	£87,500	£160,814	46% below HPI

15 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The four 15 THE RIDINGS sales between April 2003 and May 2020 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 February 2019 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2020 sale, which was also at 58% below the HPI.

What might 15 THE RIDINGS be worth now?

15 THE RIDINGS might now be worth an estimated £159,949.

This is based on house price inflation of 36.7%, between May 2020 and February 2025, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.7% inflationary increase is applied to the most recent sale price for 15 THE RIDINGS of £117,000 on 19th May 2020. For the value to have increased from £117,000 to £159,949 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 15 THE RIDINGS has moved in line with the HPI for detached houses in the Sefton local authority area.
• The May 2020 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE RIDINGS has not materially changed since May 2020.

How Large is 15 THE RIDINGS?

15 THE RIDINGS is 56m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 15 THE RIDINGS lies on this distribution: 1% of detached houses houses are smaller than 15 THE RIDINGS, and 99% of houses are larger. Note that EPC data is not available for all properties in Southport.

15 THE RIDINGS: Plot and Title Map

15 THE RIDINGS sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 15 THE RIDINGS, 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 15 THE RIDINGS). 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 15 THE RIDINGS?

15 THE RIDINGS is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 15 on THE RIDINGS.