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 THE RIDGEWAY is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £475,000 in November 2020, which was around 14% below the average November 2020 detached price in the Warwick local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 25 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 25 THE RIDGEWAY 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 |
---|---|---|---|
2020 25 NOV | £475,000 | £554,225 | 14% below HPI |
2014 4 APR | £265,000 | £400,766 | 34% below HPI |
2009 30 SEP | £220,000 | £330,526 | 33% below HPI |
The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 25 THE RIDGEWAY sales between September 2009 and November 2020 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 April 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
25 THE RIDGEWAY is 145m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 30% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 25 THE RIDGEWAY lies on this distribution: 73% of detached houses are smaller than 25 THE RIDGEWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Warwick.
25 THE RIDGEWAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 25 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 25 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.
25 THE RIDGEWAY is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 25 on THE RIDGEWAY.