2, RIDGEWOOD, OAKWOOD, DERBY, DE21 2NB - £190,000

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 RIDGEWOOD is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £293,096. It was last sold for £190,000 in January 2008, which was around 8% below the average January 2008 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 RIDGEWOOD Sold Prices

Land registry data shows two sales for 2 RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 2 RIDGEWOOD 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
2008 25 JAN	£190,000	£205,955	8% below HPI
2003 28 MAY	£52,000	£139,509	63% below HPI

2 RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 2 RIDGEWOOD sales from May 2003 and January 2008 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 May 2003 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the January 2008 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 RIDGEWOOD be worth now?

2 RIDGEWOOD might now be worth an estimated £293,096.

This is based on house price inflation of 54.3%, between January 2008 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.3% inflationary increase is applied to the most recent sale price for 2 RIDGEWOOD of £190,000 on 25th January 2008. For the value to have increased from £190,000 to £293,096 over the sixteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 RIDGEWOOD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2008 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEWOOD has not materially changed since January 2008.

How Large is 2 RIDGEWOOD?

2 RIDGEWOOD is 70m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 2 RIDGEWOOD lies on this distribution: 11% of detached houses houses are smaller than 2 RIDGEWOOD, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 RIDGEWOOD: Plot and Title Map

2 RIDGEWOOD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 RIDGEWOOD, 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 RIDGEWOOD). 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 RIDGEWOOD?

2 RIDGEWOOD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on RIDGEWOOD.