48, RIDGE DRIVE, RUGBY, CV21 3FE - £325,000

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

48 RIDGE DRIVE is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2021, which was around 23% below the average June 2021 detached price in the Rugby local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

48 RIDGE DRIVE Sold Prices

Land registry data shows three sales for 48 RIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the three 48 RIDGE DRIVE 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 30 JUN	£325,000	£420,904	23% below HPI
2021 25 JUN	£315,000	£420,904	25% below HPI
2000 15 SEP	£101,995	£142,472	28% below HPI

48 RIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three 48 RIDGE DRIVE sales between September 2000 and June 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 June 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 48 RIDGE DRIVE?

48 RIDGE DRIVE is 102m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the smallest 40% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 48 RIDGE DRIVE lies on this distribution: 36% of detached houses are smaller than 48 RIDGE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Rugby.

48 RIDGE DRIVE: Plot and Title Map

48 RIDGE DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 48 RIDGE DRIVE, 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 48 RIDGE DRIVE). 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 48 RIDGE DRIVE?

48 RIDGE DRIVE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 48 on RIDGE DRIVE.