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
37 THE RIDINGS is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £155,000 in August 2016, which was around 10% below the average August 2016 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 37 THE RIDINGS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the five 37 THE RIDINGS 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 |
---|---|---|---|
2016 26 AUG | £155,000 | £171,335 | 10% below HPI |
2015 3 FEB | £152,000 | £160,362 | 5% below HPI |
2014 23 SEP | £115,000 | £158,918 | 28% below HPI |
2001 5 JAN | £60,000 | £64,168 | 6% below HPI |
1996 3 MAY | £45,000 | £52,019 | 13% below HPI |
The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The five 37 THE RIDINGS sales between May 1996 and August 2016 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 February 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
37 THE RIDINGS is 82m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 37 THE RIDINGS lies on this distribution: 32% of detached houses are smaller than 37 THE RIDINGS, and 68% of houses are larger. Note that EPC data is not available for all properties in Forest Town.
37 THE RIDINGS sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 37 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 37 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.
37 THE RIDINGS is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 37 on THE RIDINGS.