Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 THE RIDGEWAY is a very large detached house of 676m², built sometime between 1996 and 2002. It was last sold for £3,100,000 in June 2023, which was around 229% above the average June 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for 4 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the six 4 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 |
---|---|---|---|
2023 30 JUN | £3,100,000 | £942,179 | 229% above HPI |
2018 8 FEB | £2,400,000 | £814,084 | 195% above HPI |
2014 9 MAY | £2,350,000 | £588,690 | 299% above HPI |
2010 9 MAR | £2,225,000 | £506,472 | 339% above HPI |
2006 3 MAY | £1,850,000 | £450,329 | 311% above HPI |
1998 22 MAY | £380,000 | £218,126 | 74% above HPI |
The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The six 4 THE RIDGEWAY sales between May 1998 and June 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 February 2018 sale was for 195% above the HPI. So the extrapolation line tracks at 195% above the HPI over time, until the June 2023 sale, where it rises to 229% above the HPI. The line then continues to track at 229% above the HPI.
4 THE RIDGEWAY is 676m² according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Cuffley, based on EPC data. The below chart shows the distribution of detached houses by size in Cuffley, and where 4 THE RIDGEWAY lies on this distribution: 99% of detached houses are smaller than 4 THE RIDGEWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Cuffley.
4 THE RIDGEWAY sits on a plot of roughly 0.342 of an acre, or 1,383m². The below map shows the location of 4 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 4 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.
4 THE RIDGEWAY is located in CUFFLEY, in the EN6 postcode district. The below map shows the position of No. 4 on THE RIDGEWAY.