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
129 RIDGEWAY ROAD is a very large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £602,500 in August 2024, which was around 15% above the average August 2024 detached price in the Canterbury local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 129 RIDGEWAY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the three 129 RIDGEWAY ROAD sales were for above 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 |
---|---|---|---|
2024 29 AUG | £602,500 | £523,077 | 15% above HPI |
2002 18 DEC | £325,000 | £208,659 | 56% above HPI |
1997 14 NOV | £147,000 | £103,753 | 42% above HPI |
The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 129 RIDGEWAY ROAD sales between November 1997 and August 2024 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 December 2002 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
129 RIDGEWAY ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Herne, based on EPC data. The below chart shows the distribution of detached houses by size in Herne, and where 129 RIDGEWAY ROAD lies on this distribution: 87% of detached houses are smaller than 129 RIDGEWAY ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Herne.
129 RIDGEWAY ROAD sits on a plot of roughly 0.983 of an acre, or 3,977m². The below map shows the location of 129 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 129 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.
129 RIDGEWAY ROAD is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 129 on RIDGEWAY ROAD.