35, RIDGEWAY CLOSE, FARNSFIELD, NEWARK, NG22 8DT - £265,000

35 RIDGEWAY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £265,000 in June 2023, which was around 18% below the average June 2023 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

35 RIDGEWAY CLOSE Sold Prices

Land registry data shows six sales for 35 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 35 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
2023 16 JUN	£265,000	£322,056	18% below HPI
2017 24 FEB	£167,000	£240,985	31% below HPI
2016 25 NOV	£170,000	£250,047	32% below HPI
2012 16 JAN	£187,000	£206,695	10% below HPI
2004 30 NOV	£132,000	£200,478	34% below HPI
2000 25 AUG	£58,500	£98,569	41% below HPI

35 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 six 35 RIDGEWAY CLOSE sales between August 2000 and June 2023 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 35 RIDGEWAY CLOSE?

35 RIDGEWAY CLOSE is 69m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Farnsfield, based on EPC data. The below chart shows the distribution of detached houses by size in Farnsfield, and where 35 RIDGEWAY CLOSE lies on this distribution: 4% of detached houses are smaller than 35 RIDGEWAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

35 RIDGEWAY CLOSE: Plot and Title Map

35 RIDGEWAY CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 35 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 35 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 35 RIDGEWAY CLOSE?

35 RIDGEWAY CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 35 on RIDGEWAY CLOSE.