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

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

3 RIDGEWOOD GARDENS is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £300,000 in March 2022, which was around 30% 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	£428,673	30% below HPI
2006 10 NOV	£185,000	£258,737	28% below HPI
1997 22 DEC	£50,232	£100,166	50% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 3 RIDGEWOOD GARDENS lies on this distribution: 71% of detached 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.