2, RIDGEWOOD RISE, AMINGTON, TAMWORTH, B77 3AQ - £295,000

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

2 RIDGEWOOD RISE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £295,000 in June 2021, which was around 6% below the average June 2021 detached price in the Tamworth local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 RIDGEWOOD RISE Sold Prices

Land registry data shows three sales for 2 RIDGEWOOD RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. All of the three 2 RIDGEWOOD RISE 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 4 JUN	£295,000	£312,822	6% below HPI
1996 26 SEP	£71,500	£76,420	6% below HPI
1996 23 AUG	£70,000	£76,045	8% below HPI

2 RIDGEWOOD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The three 2 RIDGEWOOD RISE sales between August 1996 and June 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 September 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, which was also at 6% below the HPI.

How Large is 2 RIDGEWOOD RISE?

2 RIDGEWOOD RISE is 98m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where 2 RIDGEWOOD RISE lies on this distribution: 33% of detached houses are smaller than 2 RIDGEWOOD RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

2 RIDGEWOOD RISE: Plot and Title Map

2 RIDGEWOOD RISE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 RIDGEWOOD RISE, 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 RIDGEWOOD RISE). 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 RIDGEWOOD RISE?

2 RIDGEWOOD RISE is located in AMINGTON, in the B77 postcode district. The below map shows the position of No. 2 on RIDGEWOOD RISE.