63, THE RIDGEWAY, FARNSFIELD, NEWARK, NG22 8DW - £211,250

63 THE RIDGEWAY is a very small detached house of 58m², built sometime between 1967 and 1975. It was last sold for £211,250 in July 2018, which was around 19% below the average July 2018 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

63 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 63 THE RIDGEWAY 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 63 THE RIDGEWAY 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
2018 2 JUL	£211,250	£261,214	19% below HPI
2004 12 MAR	£152,500	£181,267	16% below HPI

63 THE RIDGEWAY 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 63 THE RIDGEWAY sales from March 2004 and July 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 March 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 63 THE RIDGEWAY?

63 THE RIDGEWAY is 58m² according to the EPC inspection conducted in July 2011. 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 63 THE RIDGEWAY lies on this distribution: 2% of detached houses are smaller than 63 THE RIDGEWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Farnsfield.

63 THE RIDGEWAY: Plot and Title Map

63 THE RIDGEWAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 63 THE 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 63 THE 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 63 THE RIDGEWAY?

63 THE RIDGEWAY is located in FARNSFIELD, in the NG22 postcode district. The below map shows the position of No. 63 on THE RIDGEWAY.