46, THE RIDGEWAY, MARCHWIEL, WREXHAM, LL13 0SB - £215,000

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

46 THE RIDGEWAY is a midsized detached house of 103m², built sometime between 1976 and 1982. It was last sold for £215,000 in November 2019, which was around 7% below the average November 2019 detached price in the Wrexham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was C.

46 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 46 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the three 46 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
2019 28 NOV	£215,000	£231,765	7% below HPI
2013 14 JUN	£161,500	£193,628	17% below HPI
1997 22 AUG	£65,000	£73,972	12% below HPI

46 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 46 THE RIDGEWAY sales between August 1997 and November 2019 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 June 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 46 THE RIDGEWAY?

46 THE RIDGEWAY is 103m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Marchwiel, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwiel, and where 46 THE RIDGEWAY lies on this distribution: 50% of detached houses are smaller than 46 THE RIDGEWAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Marchwiel.

46 THE RIDGEWAY: Plot and Title Map

46 THE RIDGEWAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 46 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 46 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 46 THE RIDGEWAY?

46 THE RIDGEWAY is located in MARCHWIEL, in the LL13 postcode district. The below map shows the position of No. 46 on THE RIDGEWAY.