19, RIDGEWAY, SOUTHWELL, NG25 0DU - £387,500

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.

19 RIDGEWAY is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £391,322. It was last sold for £387,500 in December 2022, which was around 11% above the average December 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

19 RIDGEWAY Sold Prices

Land registry data shows five sales for 19 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Most of the five 19 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
2022 1 DEC	£387,500	£348,555	11% above HPI
2018 22 JUN	£259,950	£269,725	4% below HPI
2009 7 AUG	£205,000	£207,091	1% below HPI
2004 4 AUG	£190,000	£201,098	6% below HPI
2001 9 APR	£88,500	£102,207	13% below HPI

19 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 five 19 RIDGEWAY sales between April 2001 and December 2022 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 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 19 RIDGEWAY be worth now?

19 RIDGEWAY might now be worth an estimated £391,322.

This is based on house price inflation of 1%, between December 2022 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 1% inflationary increase is applied to the most recent sale price for 19 RIDGEWAY of £387,500 on 1st December 2022. For the value to have increased from £387,500 to £391,322 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 19 RIDGEWAY has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2022 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 19 RIDGEWAY has not materially changed since December 2022.

How Large is 19 RIDGEWAY?

19 RIDGEWAY is 84m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 19 RIDGEWAY lies on this distribution: 14% of detached houses houses are smaller than 19 RIDGEWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Southwell.

19 RIDGEWAY: Plot and Title Map

19 RIDGEWAY sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 19 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 19 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 19 RIDGEWAY?

19 RIDGEWAY is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 19 on RIDGEWAY.