40, THE RIDGEWAY, UPWEY, WEYMOUTH, DT3 5QQ - £266,000

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

40 THE RIDGEWAY is a very small extended semi-detached house of 55m², built sometime before 1900. It was last sold for £266,000 in April 2021, which was around 40% below the average April 2021 detached price in the Dorset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

40 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 40 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 40 THE RIDGEWAY 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
2021 6 APR	£266,000	£445,716	40% below HPI
2009 20 OCT	£188,500	£301,051	37% below HPI
2003 10 DEC	£155,000	£261,351	41% below HPI
2003 28 MAR	£145,000	£241,631	40% below HPI

40 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The four 40 THE RIDGEWAY sales between March 2003 and April 2021 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 October 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 40 THE RIDGEWAY?

40 THE RIDGEWAY is 55m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where 40 THE RIDGEWAY lies on this distribution: 1% of detached houses are smaller than 40 THE RIDGEWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

40 THE RIDGEWAY: Plot and Title Map

40 THE RIDGEWAY sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 40 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 40 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 40 THE RIDGEWAY?

40 THE RIDGEWAY is located in UPWEY, in the DT3 postcode district. The below map shows the position of No. 40 on THE RIDGEWAY.