3, RIDGEWAY CLOSE, FETCHAM, LEATHERHEAD, KT22 9BF - £1,250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RIDGEWAY CLOSE is a midsized detached house of 151m², built sometime between 2003 and 2006, which could now be worth an estimated £1,262,766. It was last sold for £1,250,000 in June 2022, which was around 31% above the average June 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

3 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 3 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 3 RIDGEWAY 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
2022 30 JUN	£1,250,000	£950,944	31% above HPI
2006 16 MAR	£600,000	£494,792	21% above HPI

3 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two 3 RIDGEWAY CLOSE sales from March 2006 and June 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 March 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 RIDGEWAY CLOSE be worth now?

3 RIDGEWAY CLOSE might now be worth an estimated £1,262,766.

This is based on house price inflation of 1%, between June 2022 and December 2024, for detached houses, in the Mole Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for 3 RIDGEWAY CLOSE of £1,250,000 on 30th June 2022. For the value to have increased from £1,250,000 to £1,262,766 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 3 RIDGEWAY CLOSE has moved in line with the HPI for detached houses in the Mole Valley local authority area.
• The June 2022 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDGEWAY CLOSE has not materially changed since June 2022.

How Large is 3 RIDGEWAY CLOSE?

3 RIDGEWAY CLOSE is 151m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fetcham, and where 3 RIDGEWAY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 RIDGEWAY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

3 RIDGEWAY CLOSE: Plot and Title Map

3 RIDGEWAY CLOSE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 3 RIDGEWAY 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 RIDGEWAY 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 RIDGEWAY CLOSE?

3 RIDGEWAY CLOSE is located in FETCHAM, in the KT22 postcode district. The below map shows the position of No. 3 on RIDGEWAY CLOSE.