7, THE RIDINGS, BULCOTE, NOTTINGHAM, NG14 5GW - £185,000

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.

7 THE RIDINGS is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £297,842. It was last sold for £185,000 in September 2010, which was around 15% below the average September 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 THE RIDINGS Sold Prices

Land registry data shows two sales for 7 THE RIDINGS 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. Both of the two 7 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
2010 24 SEP	£185,000	£218,635	15% below HPI
2004 25 JUN	£165,000	£196,298	16% below HPI

7 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 two 7 THE RIDINGS sales from June 2004 and September 2010 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 THE RIDINGS be worth now?

7 THE RIDINGS might now be worth an estimated £297,842.

This is based on house price inflation of 61%, between September 2010 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 61% inflationary increase is applied to the most recent sale price for 7 THE RIDINGS of £185,000 on 24th September 2010. For the value to have increased from £185,000 to £297,842 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 THE RIDINGS has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The September 2010 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE RIDINGS has not materially changed since September 2010.

How Large is 7 THE RIDINGS?

7 THE RIDINGS is 88m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% 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 7 THE RIDINGS lies on this distribution: 7% of detached houses houses are smaller than 7 THE RIDINGS, and 93% of houses are larger. Note that EPC data is not available for all properties in Bulcote.

7 THE RIDINGS: Plot and Title Map

7 THE RIDINGS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 7 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 7 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 7 THE RIDINGS?

7 THE RIDINGS is located in BULCOTE, in the NG14 postcode district. The below map shows the position of No. 7 on THE RIDINGS.