3, THE RIDGEWAY, CUFFLEY, POTTERS BAR, EN6 4AY - £2,000,000

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 THE RIDGEWAY is a midsized detached house of 179m², built sometime between 1950 and 1966. It was last sold for £2,000,000 in April 2020, which was around 139% above the average April 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

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 Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 3 THE RIDGEWAY 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
2020 30 APR	£2,000,000	£835,243	139% above HPI
2015 27 NOV	£1,400,000	£709,526	97% above HPI

3 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The two 3 THE RIDGEWAY sales from November 2015 and April 2020 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 2015 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the April 2020 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is 3 THE RIDGEWAY?

3 THE RIDGEWAY is 179m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Cuffley, based on EPC data. The below chart shows the distribution of detached houses by size in Cuffley, and where 3 THE RIDGEWAY lies on this distribution: 60% of detached houses are smaller than 3 THE RIDGEWAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cuffley.

3 THE RIDGEWAY: Plot and Title Map

3 THE RIDGEWAY sits on a plot of roughly 1.8 acres, or 7,174m². 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 CUFFLEY, in the EN6 postcode district. The below map shows the position of No. 3 on THE RIDGEWAY.