16, RIDGECROFT CLOSE, BEXLEY, DA5 2DE - £550,000

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

16 RIDGECROFT CLOSE is a small detached house of 111m², built sometime between 1950 and 1966. It was last sold for £550,000 in July 2015, which was around 21% above the average July 2015 detached price in the Bexley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

16 RIDGECROFT CLOSE Sold Prices

Land registry data shows two sales for 16 RIDGECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. Both of the two 16 RIDGECROFT CLOSE 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
2015 30 JUL	£550,000	£455,223	21% above HPI
1996 18 OCT	£146,000	£118,283	23% above HPI

16 RIDGECROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The two 16 RIDGECROFT CLOSE sales from October 1996 and July 2015 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 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2015 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 16 RIDGECROFT CLOSE?

16 RIDGECROFT CLOSE is 111m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Coldblow, based on EPC data. The below chart shows the distribution of detached houses by size in Coldblow, and where 16 RIDGECROFT CLOSE lies on this distribution: 25% of detached houses are smaller than 16 RIDGECROFT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Coldblow.

16 RIDGECROFT CLOSE: Plot and Title Map

16 RIDGECROFT CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 RIDGECROFT CLOSE, 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 16 RIDGECROFT CLOSE). 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 16 RIDGECROFT CLOSE?

16 RIDGECROFT CLOSE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 16 on RIDGECROFT CLOSE.