2, THE RIDDINGS, SOUTHWELL, NG25 0BD - £460,000

2 THE RIDDINGS is a large detached house of 146m², built sometime between 1996 and 2002. It was last sold for £460,000 in February 2019, which was around 73% above the average February 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 THE RIDDINGS Sold Prices

Land registry data shows two sales for 2 THE RIDDINGS 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 2 THE RIDDINGS 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
2019 22 FEB	£460,000	£265,283	73% above HPI
1998 27 FEB	£173,000	£76,845	125% above HPI

2 THE RIDDINGS 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 2 THE RIDDINGS sales from February 1998 and February 2019 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 1998 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the February 2019 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 2 THE RIDDINGS?

2 THE RIDDINGS is 146m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 2 THE RIDDINGS lies on this distribution: 74% of detached houses are smaller than 2 THE RIDDINGS, and 25% of houses are larger. Note that EPC data is not available for all properties in Southwell.

2 THE RIDDINGS: Plot and Title Map

2 THE RIDDINGS sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 2 THE RIDDINGS, 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 THE RIDDINGS). 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 THE RIDDINGS?

2 THE RIDDINGS is located in SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 2 on THE RIDDINGS.