2, RIDDING TERRACE, NOTTINGHAM, NG3 1DW - £170,000

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

2 RIDDING TERRACE is a small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £170,000 in July 2024, which was around 48% below the average July 2024 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

2 RIDDING TERRACE Sold Prices

Land registry data shows three sales for 2 RIDDING TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 2 RIDDING TERRACE sales were for below the average price, whilst one was 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
2024 10 JUL	£170,000	£326,491	48% below HPI
2004 4 FEB	£130,000	£127,588	2% above HPI
1996 22 NOV	£35,800	£53,899	34% below HPI

2 RIDDING TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The three 2 RIDDING TERRACE sales between November 1996 and July 2024 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 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2 RIDDING TERRACE?

2 RIDDING TERRACE is 92m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 2 RIDDING TERRACE lies on this distribution: 36% of detached houses are smaller than 2 RIDDING TERRACE, and 63% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 RIDDING TERRACE: Plot and Title Map

2 RIDDING TERRACE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 2 RIDDING TERRACE, 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 2 RIDDING TERRACE). 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 2 RIDDING TERRACE?

2 RIDDING TERRACE is located in NOTTINGHAM, in the NG3 postcode district. The below map shows the position of No. 2 on RIDDING TERRACE.