3, RIDGEWOOD GROVE, RAVENSHEAD, NOTTINGHAM, NG15 9EN - £555,000

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

3 RIDGEWOOD GROVE is a very large extended detached house of 367m², built sometime between 1967 and 1975. It was last sold for £555,000 in June 2024, which was around 50% above the average June 2024 detached price in the Gedling local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

3 RIDGEWOOD GROVE Sold Prices

Land registry data shows three sales for 3 RIDGEWOOD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. All of the three 3 RIDGEWOOD GROVE 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
2024 14 JUN	£555,000	£368,840	50% above HPI
2006 27 SEP	£280,000	£203,655	37% above HPI
1996 12 APR	£110,000	£71,895	53% above HPI

3 RIDGEWOOD GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 3 RIDGEWOOD GROVE sales between April 1996 and June 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 September 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2024 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 3 RIDGEWOOD GROVE?

3 RIDGEWOOD GROVE is 367m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where 3 RIDGEWOOD GROVE lies on this distribution: 98% of detached houses are smaller than 3 RIDGEWOOD GROVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

3 RIDGEWOOD GROVE: Plot and Title Map

3 RIDGEWOOD GROVE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 3 RIDGEWOOD GROVE, 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 3 RIDGEWOOD GROVE). 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 3 RIDGEWOOD GROVE?

3 RIDGEWOOD GROVE is located in RAVENSHEAD, in the NG15 postcode district. The below map shows the position of No. 3 on RIDGEWOOD GROVE.