House prices in DE55 4 (Riddings)

This article reveals price per square metre data and various charts to help you understand current housing market in 'DE55 4' (Riddings, South Normanton) - statistics were last calculated on 30 June 2024.

---

Defining 'DE55 4'

This analysis is limited to properties whose postcode starts with "DE55 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Riddings.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

Search Area:

Change sector

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Riddings is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 5, Middleton Way, Riddings, South Normanton, sold for £158,000 on May-2024. Given the internal area of 56 square metres, the price per sqm is £2,821.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 168 sales in Riddings (DE55 4) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Riddings (DE55 4). Of the 168 transactions, half were sold for between £1,510 and £2,300 per square metre. The median, or 'middle', price per square metre in 'DE55 4' is £1,830. Notably, only 25% of properties that sold recently were valued at more than £2,300 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Riddings, South Normanton

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring South Normanton. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Riddings, South Normanton

Comparison with neighbouring postcode sectors

The table below shows how 'DE55 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DE55 5 Tibshelf	£1,550 sqm	£1,980 sqm	£2,750 sqm
DE55 6 Shirland	£1,850 sqm	£2,350 sqm	£2,830 sqm
DE55 3 Broadmeadows	£2,310 sqm	£2,680 sqm	£2,910 sqm
DE55 7 Alfreton	£1,610 sqm	£2,020 sqm	£2,590 sqm
DE55 4 Riddings	£1,510 sqm	£1,830 sqm	£2,300 sqm
DE55 2 South Normanton	£1,610 sqm	£2,040 sqm	£2,570 sqm
DE55 1 Swanwick	£2,090 sqm	£2,610 sqm	£3,190 sqm

Will South Normanton house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DE55 4 (Riddings) compared with both the wider area DE55 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for South Normanton to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about South Normanton and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Main Road, Riddings, DE55 4N	81 sqm	£1,500	22
Birchwood Lane, Riddings, DE55 4N	90 sqm	£1,813	21
Nottingham Road, Riddings, DE55 4J	68 sqm	£1,476	17
Leabrooks Road, Riddings, DE55 4H	85 sqm	£1,429	14
Quarry Road, Riddings, DE55 4H	95 sqm	£1,412	14
Saxelby Close, Riddings, DE55 4D	69 sqm	£2,428	13
High Street, Riddings, DE55 4B	84 sqm	£1,536	12
Golden Valley, Riddings, DE55 4E	121 sqm	£2,506	12

Search for your street here.

Raw data

Our analysis of Riddings is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
5, Middleton Way, Riddings, South Normanton	£158,000 May-2024	56	2,821
28, High St, Riddings, South Normanton	£122,000 May-2024	80	1,525
16, Middleton Way, Riddings, South Normanton	£175,000 Apr-2024	69	2,536

See the entire list of all sales in Riddings (DE55 4) here.