2, RIDGE HILL, LOWDHAM, NOTTINGHAM, NG14 7EL - £155,000

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.

2 RIDGE HILL is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £246,642. It was last sold for £155,000 in December 2010, which was around 30% below the average December 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

2 RIDGE HILL Sold Prices

Land registry data shows three sales for 2 RIDGE HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 RIDGE HILL 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
2010 4 DEC	£155,000	£221,207	30% below HPI
2008 20 JUN	£184,000	£227,402	19% below HPI
2002 15 MAR	£85,000	£113,214	25% below HPI

2 RIDGE HILL 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 three 2 RIDGE HILL sales between March 2002 and December 2010 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 RIDGE HILL be worth now?

2 RIDGE HILL might now be worth an estimated £246,642.

This is based on house price inflation of 59.1%, between December 2010 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 59.1% inflationary increase is applied to the most recent sale price for 2 RIDGE HILL of £155,000 on 4th December 2010. For the value to have increased from £155,000 to £246,642 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 RIDGE HILL has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2010 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGE HILL has not materially changed since December 2010.

How Large is 2 RIDGE HILL?

2 RIDGE HILL is 90m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 2 RIDGE HILL lies on this distribution: 12% of detached houses houses are smaller than 2 RIDGE HILL, and 88% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

2 RIDGE HILL: Plot and Title Map

2 RIDGE HILL sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 RIDGE HILL, 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 RIDGE HILL). 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 RIDGE HILL?

2 RIDGE HILL is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 2 on RIDGE HILL.