224, RIDGE ROAD, SUTTON, SM3 9LY - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

224 RIDGE ROAD is a midsized detached house of 92m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2014, which was around 49% below the average March 2014 detached price in the Sutton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was F, and the potential energy rating was C.

224 RIDGE ROAD Sold Prices

Land registry data shows two sales for 224 RIDGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. Both of the two 224 RIDGE ROAD 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
2014 31 MAR	£320,000	£622,393	49% below HPI
1996 13 FEB	£81,000	£160,643	50% below HPI

224 RIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The two 224 RIDGE ROAD sales from February 1996 and March 2014 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 February 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2014 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 224 RIDGE ROAD?

224 RIDGE ROAD is 92m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 50% of detached houses in Morden, based on EPC data. The below chart shows the distribution of detached houses by size in Morden, and where 224 RIDGE ROAD lies on this distribution: 41% of detached houses are smaller than 224 RIDGE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Morden.

224 RIDGE ROAD: Plot and Title Map

224 RIDGE ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 224 RIDGE 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 224 RIDGE 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.

Where is 224 RIDGE ROAD?

224 RIDGE ROAD is located in SUTTON, in the SM3 postcode district. The below map shows the position of No. 224 on RIDGE ROAD.