2, THE RIDINGS, BULCOTE, NOTTINGHAM, NG14 5GW - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE RIDINGS is a large extended detached house of 186m², built sometime between 1967 and 1975. It was last sold for £450,000 in December 2023, which was around 35% above the average December 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was C.

2 THE RIDINGS Sold Prices

Land registry data shows three sales for 2 THE RIDINGS 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 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
2023 15 DEC	£450,000	£332,227	35% above HPI
2017 12 JUL	£340,000	£249,927	36% above HPI
2000 5 MAY	£130,000	£89,960	45% above HPI

2 THE RIDINGS 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 THE RIDINGS sales between May 2000 and December 2023 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 2017 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 THE RIDINGS?

2 THE RIDINGS is 186m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses by size in Bulcote, and where 2 THE RIDINGS lies on this distribution: 76% of detached houses are smaller than 2 THE RIDINGS, and 24% of houses are larger. Note that EPC data is not available for all properties in Bulcote.

2 THE RIDINGS: Plot and Title Map

2 THE RIDINGS sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 2 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 2 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.

Where is 2 THE RIDINGS?

2 THE RIDINGS is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 2 on THE RIDINGS.