2, RIDGEWAY, HONITON, EX14 2GF - £280,000

2 RIDGEWAY is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2015, which was around 23% below the average August 2015 detached price in the East Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 RIDGEWAY Sold Prices

Land registry data shows four sales for 2 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 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
2015 25 AUG	£280,000	£365,994	23% below HPI
2000 17 MAR	£112,500	£139,666	19% below HPI
1999 15 JUN	£50,000	£119,864	58% below HPI
1997 5 SEP	£94,950	£107,166	11% below HPI

2 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 2 RIDGEWAY sales between September 1997 and August 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 March 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 RIDGEWAY?

2 RIDGEWAY is 102m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses by size in Honiton, and where 2 RIDGEWAY lies on this distribution: 56% of detached houses are smaller than 2 RIDGEWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Honiton.

2 RIDGEWAY: Plot and Title Map

2 RIDGEWAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 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 2 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 2 RIDGEWAY?

2 RIDGEWAY is located in HONITON, in the EX14 postcode district. The below map shows the position of No. 2 on RIDGEWAY.