23, RIDGEWAY, LANGWITH JUNCTION, MANSFIELD, NG20 9RT - £94,000

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.

23 RIDGEWAY is a very small semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £146,690. It was last sold for £94,000 in October 2018, which was around 17% below the average October 2018 semi-detached price in the Bolsover local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

23 RIDGEWAY Sold Prices

Land registry data shows three sales for 23 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bolsover local authority area for the corresponding sale date. One of the three 23 RIDGEWAY sales was for below the average price, whilst two 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
2018 19 OCT	£94,000	£113,359	17% below HPI
2006 23 AUG	£473,000	£98,142	382% above HPI
1998 6 AUG	£34,000	£33,386	2% above HPI

23 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 23 RIDGEWAY sales between August 1998 and October 2018 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 August 2006 sale was for 382% above the HPI. So the extrapolation line tracks at 382% above the HPI over time, until the October 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 RIDGEWAY be worth now?

23 RIDGEWAY might now be worth an estimated £146,690.

This is based on house price inflation of 56.1%, between October 2018 and May 2026, for semi-detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.1% inflationary increase is applied to the most recent sale price for 23 RIDGEWAY of £94,000 on 19th October 2018. For the value to have increased from £94,000 to £146,690 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 23 RIDGEWAY has moved in line with the HPI for semi-detached houses in the Bolsover local authority area.
• The October 2018 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RIDGEWAY has not materially changed since October 2018.

How Large is 23 RIDGEWAY?

23 RIDGEWAY is 69m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of semi-detached houses houses in Shirebrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shirebrook, and where 23 RIDGEWAY lies on this distribution: 16% of semi-detached houses houses are smaller than 23 RIDGEWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Shirebrook.

23 RIDGEWAY: Plot and Title Map

23 RIDGEWAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 23 RIDGEWAY, 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 23 RIDGEWAY). 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 23 RIDGEWAY?

23 RIDGEWAY is located in LANGWITH JUNCTION, in the NG20 postcode district. The below map shows the position of No. 23 on RIDGEWAY.