Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 RIDGEWAY AVENUE is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £270,000 in April 2018, which was around 19% above the average April 2018 detached price in the Wrexham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 RIDGEWAY AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. One of the two 1 RIDGEWAY AVENUE sales was for above the average price, whilst the other was 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 27 APR | £270,000 | £226,213 | 19% above HPI |
2015 9 JAN | £190,000 | £196,674 | 3% below HPI |
The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The two 1 RIDGEWAY AVENUE sales from January 2015 and April 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 January 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
1 RIDGEWAY AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses by size in Gresford, and where 1 RIDGEWAY AVENUE lies on this distribution: 18% of detached houses are smaller than 1 RIDGEWAY AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gresford.
1 RIDGEWAY AVENUE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 1 RIDGEWAY AVENUE, 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 1 RIDGEWAY AVENUE). 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.
1 RIDGEWAY AVENUE is located in MARFORD, in the LL12 postcode district. The below map shows the position of No. 1 on RIDGEWAY AVENUE.