15, THE RIDGEWAY, WARWICK, CV34 5SH - £370,000

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

15 THE RIDGEWAY is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £370,000 in September 2021, which was around 33% below the average September 2021 detached price in the Warwick local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was D.

15 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 15 THE 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 Warwick local authority area for the corresponding sale date. Both of the two 15 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 17 SEP	£370,000	£555,850	33% below HPI
1996 9 FEB	£103,000	£114,839	10% below HPI

15 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 15 THE RIDGEWAY sales from February 1996 and September 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 February 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15 THE RIDGEWAY?

15 THE RIDGEWAY is 88m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 15 THE RIDGEWAY lies on this distribution: 11% of detached houses are smaller than 15 THE RIDGEWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Warwick.

15 THE RIDGEWAY: Plot and Title Map

15 THE RIDGEWAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 15 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 15 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.

Where is 15 THE RIDGEWAY?

15 THE RIDGEWAY is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 15 on THE RIDGEWAY.