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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE RIDINGS is a large extended detached house of 186m², built sometime between 1967 and 1975, which could now be worth an estimated £460,422. It was last sold for £450,000 in December 2023, which was around 31% 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	£344,025	31% above HPI
2017 12 JUL	£340,000	£260,179	31% above HPI
2000 5 MAY	£130,000	£93,650	39% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2023 sale, which was also at 31% above the HPI.

What might 2 THE RIDINGS be worth now?

2 THE RIDINGS might now be worth an estimated £460,422.

This is based on house price inflation of 2.3%, between December 2023 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 2.3% inflationary increase is applied to the most recent sale price for 2 THE RIDINGS of £450,000 on 15th December 2023. For the value to have increased from £450,000 to £460,422 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 THE RIDINGS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RIDINGS has not materially changed since December 2023.

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 houses in Bulcote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bulcote, and where 2 THE RIDINGS lies on this distribution: 76% of detached houses 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.