39, RIDGE HILL, LOWDHAM, NOTTINGHAM, NG14 7EL - £385,000

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.

39 RIDGE HILL is a midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £389,468. It was last sold for £385,000 in November 2022, which was around 11% above the average November 2022 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

39 RIDGE HILL Sold Prices

Land registry data shows two sales for 39 RIDGE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the two 39 RIDGE HILL sales was for above the average price, whilst the other was 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
2022 1 NOV	£385,000	£347,955	11% above HPI
2016 10 MAR	£232,000	£244,713	5% below HPI

39 RIDGE HILL 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 two 39 RIDGE HILL sales from March 2016 and November 2022 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 March 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 39 RIDGE HILL be worth now?

39 RIDGE HILL might now be worth an estimated £389,468.

This is based on house price inflation of 1.2%, between November 2022 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 1.2% inflationary increase is applied to the most recent sale price for 39 RIDGE HILL of £385,000 on 1st November 2022. For the value to have increased from £385,000 to £389,468 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 39 RIDGE HILL has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The November 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 39 RIDGE HILL has not materially changed since November 2022.

How Large is 39 RIDGE HILL?

39 RIDGE HILL is 122m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowdham, and where 39 RIDGE HILL lies on this distribution: 51% of detached houses houses are smaller than 39 RIDGE HILL, and 48% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

39 RIDGE HILL: Plot and Title Map

39 RIDGE HILL sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 39 RIDGE HILL, 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 39 RIDGE HILL). 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 39 RIDGE HILL?

39 RIDGE HILL is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 39 on RIDGE HILL.