1, RIDGEWAY ROAD, GILLINGHAM, SP8 4GH - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RIDGEWAY ROAD is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £280,000 in May 2021, which was around 37% below the average May 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

1 RIDGEWAY ROAD Sold Prices

Land registry data shows three sales for 1 RIDGEWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 1 RIDGEWAY ROAD 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
2021 5 MAY	£280,000	£443,911	37% below HPI
2007 9 FEB	£228,000	£317,373	28% below HPI
2004 28 JUN	£230,000	£279,281	18% below HPI

1 RIDGEWAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 1 RIDGEWAY ROAD sales between June 2004 and May 2021 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 February 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 RIDGEWAY ROAD?

1 RIDGEWAY ROAD is 132m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 RIDGEWAY ROAD lies on this distribution: 74% of detached houses are smaller than 1 RIDGEWAY ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 RIDGEWAY ROAD: Plot and Title Map

1 RIDGEWAY ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 RIDGEWAY ROAD, 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 ROAD). 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 1 RIDGEWAY ROAD?

1 RIDGEWAY ROAD is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 1 on RIDGEWAY ROAD.