3, RIDGECROFT CLOSE, BEXLEY, DA5 2DE - £800,000

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

3 RIDGECROFT CLOSE is a large extended detached house of 178m², built sometime between 1967 and 1975. It was last sold for £800,000 in July 2017, which was around 41% above the average July 2017 detached price in the Bexley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

3 RIDGECROFT CLOSE Sold Prices

Land registry data shows three sales for 3 RIDGECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. All of the three 3 RIDGECROFT CLOSE sales were 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
2017 17 JUL	£800,000	£568,523	41% above HPI
2006 14 DEC	£400,000	£316,801	26% above HPI
2003 24 OCT	£347,000	£283,672	22% above HPI

3 RIDGECROFT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The three 3 RIDGECROFT CLOSE sales between October 2003 and July 2017 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 December 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2017 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 3 RIDGECROFT CLOSE?

3 RIDGECROFT CLOSE is 178m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses in Coldblow, based on EPC data. The below chart shows the distribution of detached houses by size in Coldblow, and where 3 RIDGECROFT CLOSE lies on this distribution: 74% of detached houses are smaller than 3 RIDGECROFT CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Coldblow.

3 RIDGECROFT CLOSE: Plot and Title Map

3 RIDGECROFT CLOSE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 3 RIDGECROFT CLOSE, 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 3 RIDGECROFT CLOSE). 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 3 RIDGECROFT CLOSE?

3 RIDGECROFT CLOSE is located in BEXLEY, in the DA5 postcode district. The below map shows the position of No. 3 on RIDGECROFT CLOSE.