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

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.

RIDGEWAY is a midsized extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £578,618. It was last sold for £437,000 in November 2015, which was around 4% 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	£456,756	4% below HPI
2004 17 SEP	£290,000	£326,355	11% below HPI
1999 14 JUN	£147,750	£157,682	6% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might RIDGEWAY be worth now?

RIDGEWAY might now be worth an estimated £578,618.

This is based on house price inflation of 32.4%, between November 2015 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.4% inflationary increase is applied to the most recent sale price for RIDGEWAY of £437,000 on 5th November 2015. For the value to have increased from £437,000 to £578,618 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of RIDGEWAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The November 2015 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWAY has not materially changed since November 2015.

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 houses in Nutley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nutley, and where RIDGEWAY lies on this distribution: 59% of detached houses houses are smaller than RIDGEWAY, and 41% 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.