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
11 THE RIDGEWAY is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £265,000 in August 2021, which was around 28% below the average August 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 11 THE 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 |
---|---|---|---|
2021 13 AUG | £265,000 | £367,381 | 28% below HPI |
2004 8 OCT | £170,000 | £245,172 | 31% below HPI |
2000 14 JUL | £95,000 | £125,665 | 24% below HPI |
The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three 11 THE RIDGEWAY sales between July 2000 and August 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 October 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
11 THE RIDGEWAY is 80m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Tarvin, based on EPC data. The below chart shows the distribution of detached houses by size in Tarvin, and where 11 THE RIDGEWAY lies on this distribution: 10% of detached houses are smaller than 11 THE RIDGEWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Tarvin.
11 THE RIDGEWAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 11 THE 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 11 THE 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.
11 THE RIDGEWAY is located in TARVIN, in the CH3 postcode district. The below map shows the position of No. 11 on THE RIDGEWAY.