2, RIDGEWAY, LANGWITH JUNCTION, MANSFIELD, NG20 9RT - £95,000

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.

2 RIDGEWAY is a small semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £147,214. It was last sold for £95,000 in March 2020, which was around 17% below the average March 2020 semi-detached price in the Bolsover local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 RIDGEWAY Sold Prices

Land registry data shows six sales for 2 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Bolsover local authority area for the corresponding sale date. All of the six 2 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
2020 13 MAR	£95,000	£114,157	17% below HPI
2006 24 AUG	£70,250	£98,142	28% below HPI
2004 22 JAN	£55,000	£66,472	17% below HPI
2004 22 JAN	£59,995	£66,472	10% below HPI
1998 27 FEB	£31,000	£31,286	1% below HPI
1997 19 DEC	£30,000	£30,712	2% below HPI

What might 2 RIDGEWAY be worth now?

2 RIDGEWAY might now be worth an estimated £147,214.

This is based on house price inflation of 55%, between March 2020 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 55% inflationary increase is applied to the most recent sale price for 2 RIDGEWAY of £95,000 on 13th March 2020. For the value to have increased from £95,000 to £147,214 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 RIDGEWAY has moved in line with the HPI for semi-detached houses in the Bolsover local authority area.
• The March 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEWAY has not materially changed since March 2020.

How Large is 2 RIDGEWAY?

2 RIDGEWAY is 69m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of semi-detached houses in Shirebrook, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Shirebrook, and where 2 RIDGEWAY lies on this distribution: 24% of semi-detached houses are smaller than 2 RIDGEWAY, and 74% of semi-detached houses are larger. Note that EPC data is not available for all properties in Shirebrook.

2 RIDGEWAY: Plot

2 RIDGEWAY sits on a plot of roughly 0.071 of an acre, or 287m².

Where is 2 RIDGEWAY?

2 RIDGEWAY is located in LANGWITH JUNCTION, in the NG20 postcode district.