36, THE RIDGEWAY, MARCHWIEL, WREXHAM, LL13 0SB - £303,500

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

36 THE RIDGEWAY is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £303,500 in October 2023, which was around 2% above the average October 2023 detached price in the Wrexham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

36 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 36 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Two of the three 36 THE RIDGEWAY sales were for above the average price, whilst one was 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
2023 16 OCT	£303,500	£296,457	2% above HPI
2020 23 SEP	£249,999	£231,962	8% above HPI
1998 19 NOV	£58,000	£76,830	25% below HPI

36 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 36 THE RIDGEWAY sales between November 1998 and October 2023 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 September 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 36 THE RIDGEWAY?

36 THE RIDGEWAY is 116m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Marchwiel, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwiel, and where 36 THE RIDGEWAY lies on this distribution: 62% of detached houses are smaller than 36 THE RIDGEWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Marchwiel.

36 THE RIDGEWAY: Plot and Title Map

36 THE RIDGEWAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 36 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 36 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 36 THE RIDGEWAY?

36 THE RIDGEWAY is located in MARCHWIEL, in the LL13 postcode district. The below map shows the position of No. 36 on THE RIDGEWAY.