25, RIDGEWAY, WARGRAVE, READING, RG10 8AS - £670,000

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

25 RIDGEWAY is a very small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £670,000 in September 2022, which was around 7% below the average September 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

25 RIDGEWAY Sold Prices

Land registry data shows three sales for 25 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 Wokingham local authority area for the corresponding sale date. Two of the three 25 RIDGEWAY sales were for below the average price, whilst one was for above 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
2022 20 SEP	£670,000	£723,439	7% below HPI
2022 20 MAY	£675,000	£692,355	3% below HPI
1997 26 FEB	£149,000	£146,384	2% above HPI

25 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The three 25 RIDGEWAY sales between February 1997 and September 2022 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 2022 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 25 RIDGEWAY?

25 RIDGEWAY is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Wargrave, based on EPC data. The below chart shows the distribution of detached houses by size in Wargrave, and where 25 RIDGEWAY lies on this distribution: 8% of detached houses are smaller than 25 RIDGEWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Wargrave.

25 RIDGEWAY: Plot and Title Map

25 RIDGEWAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 25 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 25 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 25 RIDGEWAY?

25 RIDGEWAY is located in WARGRAVE, in the RG10 postcode district. The below map shows the position of No. 25 on RIDGEWAY.