3, RIDGEWOOD GARDENS, BIRMINGHAM, B44 8JG - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RIDGEWOOD GARDENS is a large detached house of 140m², built sometime between 1996 and 2002, which could now be worth an estimated £309,671. It was last sold for £300,000 in March 2022, which was around 29% below the average March 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 RIDGEWOOD GARDENS Sold Prices

Land registry data shows three sales for 3 RIDGEWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 3 RIDGEWOOD GARDENS 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
2022 21 MAR	£300,000	£420,404	29% below HPI
2006 10 NOV	£185,000	£253,746	27% below HPI
1997 22 DEC	£50,232	£98,234	49% below HPI

3 RIDGEWOOD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 3 RIDGEWOOD GARDENS sales between December 1997 and March 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 RIDGEWOOD GARDENS be worth now?

3 RIDGEWOOD GARDENS might now be worth an estimated £309,671.

This is based on house price inflation of 3.2%, between March 2022 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 3 RIDGEWOOD GARDENS of £300,000 on 21st March 2022. For the value to have increased from £300,000 to £309,671 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 3 RIDGEWOOD GARDENS has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDGEWOOD GARDENS has not materially changed since March 2022.

How Large is 3 RIDGEWOOD GARDENS?

3 RIDGEWOOD GARDENS is 140m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 3 RIDGEWOOD GARDENS lies on this distribution: 71% of detached houses houses are smaller than 3 RIDGEWOOD GARDENS, and 29% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 RIDGEWOOD GARDENS: Plot and Title Map

3 RIDGEWOOD GARDENS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 RIDGEWOOD GARDENS, 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 RIDGEWOOD GARDENS). 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 RIDGEWOOD GARDENS?

3 RIDGEWOOD GARDENS is located in BIRMINGHAM, in the B44 postcode district. The below map shows the position of No. 3 on RIDGEWOOD GARDENS.