31, RIDGELEY CLOSE, WARWICK, CV34 5FD - £440,000

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.

31 RIDGELEY CLOSE is a very small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £474,328. It was last sold for £440,000 in June 2022, which was around 26% below the average June 2022 detached price in the Warwick local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

31 RIDGELEY CLOSE Sold Prices

Land registry data shows three sales for 31 RIDGELEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the three 31 RIDGELEY CLOSE 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 22 JUN	£440,000	£595,013	26% below HPI
2004 16 FEB	£198,500	£291,367	32% below HPI
2002 23 SEP	£169,950	£255,466	33% below HPI

31 RIDGELEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The three 31 RIDGELEY CLOSE sales between September 2002 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 February 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 31 RIDGELEY CLOSE be worth now?

31 RIDGELEY CLOSE might now be worth an estimated £474,328.

This is based on house price inflation of 7.8%, between June 2022 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 31 RIDGELEY CLOSE of £440,000 on 22nd June 2022. For the value to have increased from £440,000 to £474,328 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 31 RIDGELEY CLOSE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RIDGELEY CLOSE has not materially changed since June 2022.

How Large is 31 RIDGELEY CLOSE?

31 RIDGELEY CLOSE is 91m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 31 RIDGELEY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 31 RIDGELEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Warwick.

31 RIDGELEY CLOSE: Plot and Title Map

31 RIDGELEY CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 31 RIDGELEY 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 31 RIDGELEY 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 31 RIDGELEY CLOSE?

31 RIDGELEY CLOSE is located in WARWICK, in the CV34 postcode district. The below map shows the position of No. 31 on RIDGELEY CLOSE.