RIDGEWAY, CHURCH ROAD, UPTON, GAINSBOROUGH, DN21 5NS - £77,000

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

RIDGEWAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £77,000 in March 2002, which was around 22% below the average March 2002 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

RIDGEWAY Sold Prices

Land registry data shows two sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two RIDGEWAY 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
2002 19 MAR	£77,000	£98,976	22% below HPI
1999 30 APR	£54,000	£63,853	15% below HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two RIDGEWAY sales from April 1999 and March 2002 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 April 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2002 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 79m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where RIDGEWAY lies on this distribution: 12% of detached houses are smaller than RIDGEWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Upton.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

RIDGEWAY is located on CHURCH ROAD in UPTON, in the DN21 postcode district. The below map shows the position of RIDGEWAY on CHURCH ROAD.