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

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

31 RIDGELEY CLOSE is a very small detached house of 91m², built sometime between 1983 and 1990. 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	£592,623	26% below HPI
2004 16 FEB	£198,500	£290,196	32% below HPI
2002 23 SEP	£169,950	£254,439	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.

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 in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 31 RIDGELEY CLOSE lies on this distribution: 15% of detached 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.