43, THE RIDGEWAY, ASTWOOD BANK, REDDITCH, B96 6LS - £675,000

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 THE RIDGEWAY is a very large extended detached house of 199m², built sometime between 1967 and 1975, which could now be worth an estimated £763,522. It was last sold for £675,000 in April 2021, which was around 64% above the average April 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

43 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 43 THE 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 Wychavon local authority area for the corresponding sale date. Both of the two 43 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
2021 9 APR	£675,000	£412,075	64% above HPI
2012 31 AUG	£462,000	£294,660	57% above HPI

43 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 43 THE RIDGEWAY sales from August 2012 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 August 2012 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 43 THE RIDGEWAY be worth now?

43 THE RIDGEWAY might now be worth an estimated £763,522.

This is based on house price inflation of 13.1%, between April 2021 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 43 THE RIDGEWAY of £675,000 on 9th April 2021. For the value to have increased from £675,000 to £763,522 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 43 THE RIDGEWAY has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The April 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 43 THE RIDGEWAY has not materially changed since April 2021.

How Large is 43 THE RIDGEWAY?

43 THE RIDGEWAY is 199m², which includes four extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Astwood Bank, and where 43 THE RIDGEWAY lies on this distribution: 85% of detached houses houses are smaller than 43 THE RIDGEWAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

43 THE RIDGEWAY: Plot and Title Map

43 THE RIDGEWAY sits on a plot of roughly 0.739 of an acre, or 2,990m². The below map shows the location of 43 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 43 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 43 THE RIDGEWAY?

43 THE RIDGEWAY is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 43 on THE RIDGEWAY.