2, RIDGE HILL, LOWDHAM, NOTTINGHAM, NG14 7EL - £155,000

2 RIDGE HILL is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £155,000 in December 2010, which was around 27% below the average December 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

2 RIDGE HILL Sold Prices

Land registry data shows three sales for 2 RIDGE HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 2 RIDGE HILL 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
2010 4 DEC	£155,000	£212,491	27% below HPI
2008 20 JUN	£184,000	£218,442	16% below HPI
2002 15 MAR	£85,000	£108,754	22% below HPI

2 RIDGE HILL 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 three 2 RIDGE HILL sales between March 2002 and December 2010 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 June 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 RIDGE HILL?

2 RIDGE HILL is 90m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Lowdham, based on EPC data. The below chart shows the distribution of detached houses by size in Lowdham, and where 2 RIDGE HILL lies on this distribution: 13% of detached houses are smaller than 2 RIDGE HILL, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowdham.

2 RIDGE HILL: Plot and Title Map

2 RIDGE HILL sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 RIDGE HILL, 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 2 RIDGE HILL). 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 2 RIDGE HILL?

2 RIDGE HILL is located in LOWDHAM, in the NG14 postcode district. The below map shows the position of No. 2 on RIDGE HILL.