12, RIDGEWAY, WEST PARLEY, FERNDOWN, BH22 8TU - £415,000

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

12 RIDGEWAY is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £415,000 in May 2022, which was around 19% below the average May 2022 detached price in the Dorset local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

12 RIDGEWAY Sold Prices

Land registry data shows two sales for 12 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 12 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
2022 7 MAY	£415,000	£513,108	19% below HPI
2018 11 OCT	£420,000	£429,299	2% below HPI

12 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 two 12 RIDGEWAY sales from October 2018 and May 2022 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 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 RIDGEWAY?

12 RIDGEWAY is 113m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% 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 12 RIDGEWAY lies on this distribution: 42% of detached houses are smaller than 12 RIDGEWAY, and 58% of houses are larger. Note that EPC data is not available for all properties in West Parley.

12 RIDGEWAY: Plot and Title Map

12 RIDGEWAY sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 12 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 12 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 12 RIDGEWAY?

12 RIDGEWAY is located in WEST PARLEY, in the BH22 postcode district. The below map shows the position of No. 12 on RIDGEWAY.