5, THE RIDGEWAY, HERSTMONCEUX, HAILSHAM, BN27 4PQ - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 THE RIDGEWAY is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £358,401. It was last sold for £280,000 in July 2016, which was around 41% below the average July 2016 detached price in the Wealden local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

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 Wealden 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
2016 22 JUL	£280,000	£472,480	41% below HPI
2006 22 AUG	£241,000	£338,196	29% below HPI
2003 6 AUG	£230,000	£300,438	23% below HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 5 THE RIDGEWAY sales between August 2003 and July 2016 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 THE RIDGEWAY be worth now?

5 THE RIDGEWAY might now be worth an estimated £358,401.

This is based on house price inflation of 28%, between July 2016 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for 5 THE RIDGEWAY of £280,000 on 22nd July 2016. For the value to have increased from £280,000 to £358,401 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 5 THE RIDGEWAY has moved in line with the HPI for detached houses in the Wealden local authority area.
• The July 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RIDGEWAY has not materially changed since July 2016.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 73m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses houses in Herstmonceux, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herstmonceux, and where 5 THE RIDGEWAY lies on this distribution: 25% of detached houses houses are smaller than 5 THE RIDGEWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.099 of an acre, or 399m². 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 HERSTMONCEUX, in the BN27 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.