40, RIDGEWAY, LISVANE, CARDIFF, CF14 0RS - £550,000

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

40 RIDGEWAY is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £550,000 in August 2022, which was around 16% above the average August 2022 detached price in the Cardiff local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

40 RIDGEWAY Sold Prices

Land registry data shows two sales for 40 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 Cardiff local authority area for the corresponding sale date. One of the two 40 RIDGEWAY sales was for above the average price, whilst the other was roughly equal to 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 1 AUG	£550,000	£476,105	16% above HPI
2016 13 JUL	£350,000	£350,830	Close to HPI

40 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The two 40 RIDGEWAY sales from July 2016 and August 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 July 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 40 RIDGEWAY?

40 RIDGEWAY is 115m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 40 RIDGEWAY lies on this distribution: 44% of detached houses are smaller than 40 RIDGEWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

40 RIDGEWAY: Plot and Title Map

40 RIDGEWAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 40 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 40 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 40 RIDGEWAY?

40 RIDGEWAY is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 40 on RIDGEWAY.