14, RIDGEWELL GROVE, HORNCHURCH, RM12 5AG - £295,000

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

14 RIDGEWELL GROVE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £295,000 in February 2014, which was around 35% below the average February 2014 detached price in the Havering local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

14 RIDGEWELL GROVE Sold Prices

Land registry data shows two sales for 14 RIDGEWELL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 14 RIDGEWELL GROVE 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
2014 28 FEB	£295,000	£456,863	35% below HPI
2004 1 DEC	£296,950	£373,328	20% below HPI

14 RIDGEWELL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 14 RIDGEWELL GROVE sales from December 2004 and February 2014 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 14 RIDGEWELL GROVE?

14 RIDGEWELL GROVE is 83m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 14 RIDGEWELL GROVE lies on this distribution: 10% of detached houses are smaller than 14 RIDGEWELL GROVE, and 90% of houses are larger. Note that EPC data is not available for all properties in London.

14 RIDGEWELL GROVE: Plot and Title Map

14 RIDGEWELL GROVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 14 RIDGEWELL GROVE, 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 RIDGEWELL GROVE). 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 RIDGEWELL GROVE?

14 RIDGEWELL GROVE is located in HORNCHURCH, in the RM12 postcode district. The below map shows the position of No. 14 on RIDGEWELL GROVE.