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 RIDGWAY HILL ROAD is a small extended detached house of 120m², built sometime before 1900. It was last sold for £645,000 in February 2012, which was around 20% above the average February 2012 detached price in the Waverley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 2 RIDGWAY HILL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. two of the four 2 RIDGWAY HILL ROAD sales were for above the average price, and four 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 |
---|---|---|---|
2012 14 FEB | £645,000 | £536,095 | 20% above HPI |
2004 26 MAY | £460,000 | £400,576 | 15% above HPI |
2003 16 APR | £325,000 | £383,379 | 15% below HPI |
2001 1 AUG | £260,000 | £329,359 | 21% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The four 2 RIDGWAY HILL ROAD sales between August 2001 and February 2012 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 May 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
2 RIDGWAY HILL ROAD is 120m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses by size in Farnham, and where 2 RIDGWAY HILL ROAD lies on this distribution: 26% of detached houses are smaller than 2 RIDGWAY HILL ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Farnham.
2 RIDGWAY HILL ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 2 RIDGWAY HILL ROAD, 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 RIDGWAY HILL ROAD). 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.
2 RIDGWAY HILL ROAD is located in FARNHAM, in the GU9 postcode district. The below map shows the position of No. 2 on RIDGWAY HILL ROAD.