20, THE RIDGEWAY, ASTWOOD BANK, REDDITCH, B96 6LT - £422,000

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

20 THE RIDGEWAY is a large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £422,000 in January 2015, which was around 29% above the average January 2015 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

20 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 20 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Two of the three 20 THE RIDGEWAY 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
2015 15 JAN	£422,000	£328,148	29% above HPI
2002 25 SEP	£240,000	£214,999	12% above HPI
1999 3 AUG	£110,000	£134,137	18% below HPI

20 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 20 THE RIDGEWAY sales between August 1999 and January 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 September 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 20 THE RIDGEWAY?

20 THE RIDGEWAY is 169m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 20 THE RIDGEWAY lies on this distribution: 72% of detached houses are smaller than 20 THE RIDGEWAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

20 THE RIDGEWAY: Plot and Title Map

20 THE RIDGEWAY sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 20 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 20 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 20 THE RIDGEWAY?

20 THE RIDGEWAY is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 20 on THE RIDGEWAY.