5, THE RIDGEWAY, HARWICH, CO12 4AT - £260,000

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

5 THE RIDGEWAY is a midsized extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £260,000 in November 2020, which was around 16% below the average November 2020 detached price in the Tendring local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 5 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 Tendring local authority area for the corresponding sale date. All of the three 5 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
2020 18 NOV	£260,000	£310,109	16% below HPI
2019 1 MAR	£232,500	£288,791	19% below HPI
2016 5 AUG	£160,000	£263,206	39% below HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The three 5 THE RIDGEWAY sales between August 2016 and November 2020 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 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 92m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Harwich, based on EPC data. The below chart shows the distribution of detached houses by size in Harwich, and where 5 THE RIDGEWAY lies on this distribution: 41% of detached houses are smaller than 5 THE RIDGEWAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Harwich.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 5 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 5 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 5 THE RIDGEWAY?

5 THE RIDGEWAY is located in HARWICH, in the CO12 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.