2, RIDGEMARK CLOSE, BRIXHAM, TQ5 9TA - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 RIDGEMARK CLOSE is a small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £531,526. It was last sold for £385,000 in October 2016, which was around 21% above the average October 2016 detached price in the Torbay local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

2 RIDGEMARK CLOSE Sold Prices

Land registry data shows three sales for 2 RIDGEMARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torbay local authority area for the corresponding sale date. Two of the three 2 RIDGEMARK CLOSE sales were for above the average price, whilst one was 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
2016 26 OCT	£385,000	£317,898	21% above HPI
2011 17 MAR	£250,000	£269,566	7% below HPI
1996 20 SEP	£89,950	£86,180	4% above HPI

2 RIDGEMARK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torbay local authority area over time, sourced from the HPI. The three 2 RIDGEMARK CLOSE sales between September 1996 and October 2016 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 March 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 RIDGEMARK CLOSE be worth now?

2 RIDGEMARK CLOSE might now be worth an estimated £531,526.

This is based on house price inflation of 38.1%, between October 2016 and December 2024, for detached houses, in the Torbay local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for 2 RIDGEMARK CLOSE of £385,000 on 26th October 2016. For the value to have increased from £385,000 to £531,526 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 RIDGEMARK CLOSE has moved in line with the HPI for detached houses in the Torbay local authority area.
• The October 2016 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEMARK CLOSE has not materially changed since October 2016.

How Large is 2 RIDGEMARK CLOSE?

2 RIDGEMARK CLOSE is 81m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses houses in Brixham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brixham, and where 2 RIDGEMARK CLOSE lies on this distribution: 23% of detached houses houses are smaller than 2 RIDGEMARK CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Brixham.

2 RIDGEMARK CLOSE: Plot and Title Map

2 RIDGEMARK CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 RIDGEMARK 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 2 RIDGEMARK 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 2 RIDGEMARK CLOSE?

2 RIDGEMARK CLOSE is located in BRIXHAM, in the TQ5 postcode district. The below map shows the position of No. 2 on RIDGEMARK CLOSE.