39, RIDGEWAY CLOSE, FARNSFIELD, NEWARK, NG22 8DT - £152,500

39 RIDGEWAY CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £152,500 in January 2015, which was around 31% below the average January 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

39 RIDGEWAY CLOSE Sold Prices

Land registry data shows three sales for 39 RIDGEWAY CLOSE 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 39 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
2015 26 JAN	£152,500	£222,312	31% below HPI
2003 4 DEC	£148,000	£175,352	16% below HPI
1998 23 JAN	£54,500	£76,216	28% below HPI

39 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 three 39 RIDGEWAY CLOSE sales between January 1998 and January 2015 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 December 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 39 RIDGEWAY CLOSE?

39 RIDGEWAY CLOSE is 69m² according to the EPC inspection conducted in November 2013. 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 39 RIDGEWAY CLOSE lies on this distribution: 4% of detached houses are smaller than 39 RIDGEWAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

39 RIDGEWAY CLOSE: Plot and Title Map

39 RIDGEWAY CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 39 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 39 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 39 RIDGEWAY CLOSE?

39 RIDGEWAY CLOSE is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 39 on RIDGEWAY CLOSE.