14, RIDGE WAY, WING, LEIGHTON BUZZARD, LU7 0TH - £245,000

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

14 RIDGE WAY is a very small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £245,000 in October 2013, which was around 53% below the average October 2013 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

14 RIDGE WAY Sold Prices

Land registry data shows three sales for 14 RIDGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. All of the three 14 RIDGE WAY 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
2013 23 OCT	£245,000	£522,176	53% below HPI
2006 26 MAY	£235,000	£414,644	43% below HPI
1997 16 FEB	£78,500	£165,633	53% below HPI

14 RIDGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The three 14 RIDGE WAY sales between February 1997 and October 2013 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 May 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2013 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 14 RIDGE WAY?

14 RIDGE WAY is 94m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Wing, based on EPC data. The below chart shows the distribution of detached houses by size in Wing, and where 14 RIDGE WAY lies on this distribution: 20% of detached houses are smaller than 14 RIDGE WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Wing.

14 RIDGE WAY: Plot and Title Map

14 RIDGE WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 14 RIDGE WAY, 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 14 RIDGE WAY). 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 14 RIDGE WAY?

14 RIDGE WAY is located in WING, in the LU7 postcode district. The below map shows the position of No. 14 on RIDGE WAY.