Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
72 THE RIDINGS is a large detached house of 124m², built sometime between 1976 and 1982. It was last sold for £489,950 in November 2018, which was around 104% above the average November 2018 detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 72 THE RIDINGS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 72 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 |
---|---|---|---|
2018 2 NOV | £489,950 | £240,740 | 104% above HPI |
2013 30 AUG | £377,500 | £171,930 | 120% above HPI |
2007 17 APR | £355,000 | £181,917 | 95% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 72 THE RIDINGS sales between April 2007 and November 2018 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 August 2013 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the November 2018 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.
72 THE RIDINGS is 124m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 72 THE RIDINGS lies on this distribution: 69% of detached houses are smaller than 72 THE RIDINGS, and 30% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.
72 THE RIDINGS sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 72 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 72 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.
72 THE RIDINGS is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 72 on THE RIDINGS.