40, RIDGEWAY, WARGRAVE, READING, RG10 8AS - £935,000

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 extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £935,000 in March 2022, which was around 35% above the average March 2022 detached price in the Wokingham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

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 Wokingham local authority area for the corresponding sale date. Both of the two 40 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
2022 18 MAR	£935,000	£692,806	35% above HPI
2018 31 JAN	£860,000	£626,058	37% above HPI

40 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wokingham local authority area over time, sourced from the HPI. The two 40 RIDGEWAY sales from January 2018 and March 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 January 2018 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 40 RIDGEWAY?

40 RIDGEWAY is 157m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Wargrave, based on EPC data. The below chart shows the distribution of detached houses by size in Wargrave, and where 40 RIDGEWAY lies on this distribution: 53% of detached houses are smaller than 40 RIDGEWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Wargrave.

40 RIDGEWAY: Plot and Title Map

40 RIDGEWAY sits on a plot of roughly 0.155 of an acre, or 627m². 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 WARGRAVE, in the RG10 postcode district. The below map shows the position of No. 40 on RIDGEWAY.