THE RIDGE, GARDEN HOUSE LANE, RICKINGHALL, DISS, IP22 1EA - £285,000

THE RIDGE is a midsized detached house of 124m², built sometime between 1976 and 1982. It was last sold for £285,000 in February 2014, which was around 5% above the average February 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

THE RIDGE Sold Prices

Land registry data shows two sales for THE RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two THE RIDGE sales were for above 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
2014 12 FEB	£285,000	£270,175	5% above HPI
2012 21 AUG	£267,500	£253,833	5% above HPI

THE RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two THE RIDGE sales from August 2012 and February 2014 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 August 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, which was also at 5% above the HPI.

How Large is THE RIDGE?

THE RIDGE is 124m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where THE RIDGE lies on this distribution: 42% of detached houses are smaller than THE RIDGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

THE RIDGE: Plot and Title Map

THE RIDGE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of THE RIDGE, 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 THE RIDGE). 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 THE RIDGE?

THE RIDGE is located on GARDEN HOUSE LANE in RICKINGHALL, in the IP22 postcode district. The below map shows the position of THE RIDGE on GARDEN HOUSE LANE.