1, RIDGEWAY, WEST PARLEY, FERNDOWN, BH22 8TT - £530,000

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 is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £530,000 in December 2019, which was around 25% above the average December 2019 detached price in the Dorset local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

1 RIDGEWAY Sold Prices

Land registry data shows four sales for 1 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 Dorset local authority area for the corresponding sale date. Most of the four 1 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
2019 19 DEC	£530,000	£424,186	25% above HPI
2015 19 JUN	£300,000	£363,372	17% below HPI
2001 9 NOV	£158,000	£190,514	17% below HPI
1997 14 AUG	£97,500	£109,751	11% below HPI

1 RIDGEWAY 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 four 1 RIDGEWAY sales between August 1997 and December 2019 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 June 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 RIDGEWAY?

1 RIDGEWAY is 176m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in West Parley, based on EPC data. The below chart shows the distribution of detached houses by size in West Parley, and where 1 RIDGEWAY lies on this distribution: 83% of detached houses are smaller than 1 RIDGEWAY, and 16% of houses are larger. Note that EPC data is not available for all properties in West Parley.

1 RIDGEWAY: Plot and Title Map

1 RIDGEWAY sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 1 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 1 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 1 RIDGEWAY?

1 RIDGEWAY is located in WEST PARLEY, in the BH22 postcode district. The below map shows the position of No. 1 on RIDGEWAY.