14, RIDGEWAY CLOSE, FARNSFIELD, NEWARK, NG22 8DT - £215,000

14 RIDGEWAY CLOSE is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £215,000 in April 2021, which was around 25% below the average April 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

14 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 14 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two 14 RIDGEWAY CLOSE 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
2021 19 APR	£215,000	£285,619	25% below HPI
2004 6 FEB	£159,000	£177,367	10% below HPI

14 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two 14 RIDGEWAY CLOSE sales from February 2004 and April 2021 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 February 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 RIDGEWAY CLOSE?

14 RIDGEWAY CLOSE is 88m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 14 RIDGEWAY CLOSE lies on this distribution: 15% of detached houses are smaller than 14 RIDGEWAY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

14 RIDGEWAY CLOSE: Plot and Title Map

14 RIDGEWAY CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 14 RIDGEWAY CLOSE, 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 14 RIDGEWAY CLOSE). 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 14 RIDGEWAY CLOSE?

14 RIDGEWAY CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 14 on RIDGEWAY CLOSE.