RIDGEWOOD, NEWSTEAD ABBEY PARK, NOTTINGHAM, NG15 8GD - £1,335,000

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.

RIDGEWOOD is a very large extended detached house of 379m², built sometime between 1930 and 1949, which could now be worth an estimated £1,513,970. It was last sold for £1,335,000 in February 2022, which was around 305% above the average February 2022 detached price in the Gedling local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was D.

RIDGEWOOD Sold Prices

Land registry data shows two sales for RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two RIDGEWOOD 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
2022 25 FEB	£1,335,000	£329,726	305% above HPI
2005 22 JUL	£815,000	£200,527	306% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two RIDGEWOOD sales from July 2005 and February 2022 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 July 2005 sale was for 306% above the HPI. So the extrapolation line tracks at 306% above the HPI over time, until the February 2022 sale, where it falls to 305% above the HPI. The line then continues to track at 305% above the HPI.

What might RIDGEWOOD be worth now?

RIDGEWOOD might now be worth an estimated £1,513,970.

This is based on house price inflation of 13.4%, between February 2022 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for RIDGEWOOD of £1,335,000 on 25th February 2022. For the value to have increased from £1,335,000 to £1,513,970 over the three years to February 2025, the following assumptions must hold true:

• The value of RIDGEWOOD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2022 sale price of £1,335,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWOOD has not materially changed since February 2022.

How Large is RIDGEWOOD?

RIDGEWOOD is 379m², which includes four extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses houses in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ravenshead, and where RIDGEWOOD lies on this distribution: 99% of detached houses houses are smaller than RIDGEWOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ravenshead.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 8.8 acres, or 35,506m². The below map shows the location of RIDGEWOOD, 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 RIDGEWOOD). 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 RIDGEWOOD?

RIDGEWOOD is located on NEWSTEAD ABBEY PARK in NOTTINGHAM, in the NG15 postcode district. The below map shows the position of RIDGEWOOD on NEWSTEAD ABBEY PARK.