RIDGEWAY, NETHER LANE, NUTLEY, UCKFIELD, TN22 3LB - £437,000

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

RIDGEWAY is a midsized extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £437,000 in November 2015, which was around 1% below the average November 2015 detached price in the Wealden local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

RIDGEWAY Sold Prices

Land registry data shows three sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 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
2015 5 NOV	£437,000	£440,861	1% below HPI
2004 17 SEP	£290,000	£314,998	8% below HPI
1999 14 JUN	£147,750	£152,195	3% below HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three RIDGEWAY sales between June 1999 and November 2015 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 September 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 143m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Nutley, based on EPC data. The below chart shows the distribution of detached houses by size in Nutley, and where RIDGEWAY lies on this distribution: 58% of detached houses are smaller than RIDGEWAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Nutley.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.147 of an acre, or 594m². 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 NETHER LANE in NUTLEY, in the TN22 postcode district. The below map shows the position of RIDGEWAY on NETHER LANE.