43, RIDGEWAY CLOSE, LIGHTWATER, GU18 5XX - £1,137,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 RIDGEWAY CLOSE is a very large extended detached house of 190m², built sometime between 1930 and 1949, which could now be worth an estimated £1,120,651. It was last sold for £1,137,500 in July 2022, which was around 45% above the average July 2022 detached price in the Surrey Heath local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

43 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 43 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. One of the two 43 RIDGEWAY CLOSE sales was for above the average price, whilst the other 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
2022 29 JUL	£1,137,500	£785,215	45% above HPI
2018 12 MAR	£560,000	£656,503	15% below HPI

43 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two 43 RIDGEWAY CLOSE sales from March 2018 and July 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 March 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 43 RIDGEWAY CLOSE be worth now?

43 RIDGEWAY CLOSE might now be worth an estimated £1,120,651.

This is based on house price deflation of 1.5%, between July 2022 and February 2025, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 43 RIDGEWAY CLOSE of £1,137,500 on 29th July 2022. For the value to have decreased from £1,137,500 to £1,120,651 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 43 RIDGEWAY CLOSE has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The July 2022 sale price of £1,137,500 represented a fair market value for the property.
• The size, condition, and specification of 43 RIDGEWAY CLOSE has not materially changed since July 2022.

How Large is 43 RIDGEWAY CLOSE?

43 RIDGEWAY CLOSE is 190m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lightwater, and where 43 RIDGEWAY CLOSE lies on this distribution: 84% of detached houses houses are smaller than 43 RIDGEWAY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

43 RIDGEWAY CLOSE: Plot and Title Map

43 RIDGEWAY CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 43 RIDGEWAY CLOSE, 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 43 RIDGEWAY CLOSE). 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 43 RIDGEWAY CLOSE?

43 RIDGEWAY CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 43 on RIDGEWAY CLOSE.