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

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

RIDGEWOOD is a very large extended detached house of 379m², built sometime between 1930 and 1949. It was last sold for £1,335,000 in February 2022, which was around 306% 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	£328,762	306% above HPI
2005 22 JUL	£815,000	£199,941	308% 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 308% above the HPI. So the extrapolation line tracks at 308% above the HPI over time, until the February 2022 sale, where it falls to 306% above the HPI. The line then continues to track at 306% above the HPI.

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 in Ravenshead, based on EPC data. The below chart shows the distribution of detached houses by size in Ravenshead, and where RIDGEWOOD lies on this distribution: 99% of detached houses are smaller than RIDGEWOOD, and 1% 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.