Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
185 THE RIDINGS is a very large extended detached house of 163m², built sometime before 1900. It was last sold for £513,000 in June 2018, which was around 124% above the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 185 THE RIDINGS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 185 THE RIDINGS 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 29 JUN | £513,000 | £229,249 | 124% above HPI |
2012 13 JUL | £427,500 | £171,398 | 149% above HPI |
2009 14 AUG | £195,000 | £164,241 | 19% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 185 THE RIDINGS sales between August 2009 and June 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 July 2012 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the June 2018 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.
185 THE RIDINGS is 163m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 185 THE RIDINGS lies on this distribution: 86% of detached houses are smaller than 185 THE RIDINGS, and 14% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
185 THE RIDINGS sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 185 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 185 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.
185 THE RIDINGS is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 185 on THE RIDINGS.