3, THE RIDGEWAY, ALTON, GU34 2RZ - £450,000

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 THE RIDGEWAY is a very small extended detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £499,603. It was last sold for £450,000 in February 2021, which was around 29% below the average February 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 3 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two 3 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
2021 3 FEB	£450,000	£631,126	29% below HPI
2016 24 JUN	£353,500	£565,103	37% below HPI

3 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 3 THE RIDGEWAY sales from June 2016 and February 2021 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 June 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 THE RIDGEWAY be worth now?

3 THE RIDGEWAY might now be worth an estimated £499,603.

This is based on house price inflation of 11%, between February 2021 and July 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 3 THE RIDGEWAY of £450,000 on 3rd February 2021. For the value to have increased from £450,000 to £499,603 over the three years and seven months to July 2025, the following assumptions must hold true:

• The value of 3 THE RIDGEWAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The February 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE RIDGEWAY has not materially changed since February 2021.

How Large is 3 THE RIDGEWAY?

3 THE RIDGEWAY is 93m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses houses in Alton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alton, and where 3 THE RIDGEWAY lies on this distribution: 15% of detached houses houses are smaller than 3 THE RIDGEWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Alton.

3 THE RIDGEWAY: Plot and Title Map

3 THE RIDGEWAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 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 3 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.

Where is 3 THE RIDGEWAY?

3 THE RIDGEWAY is located in ALTON, in the GU34 postcode district. The below map shows the position of No. 3 on THE RIDGEWAY.