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
5 THE RIDGEWAY is a large extended detached house of 220m², built sometime between 1930 and 1949. It was last sold for £1,300,000 in April 2017, which was around 20% above the average April 2017 detached price in the Harrow local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harrow local authority area for the corresponding sale date. One of the two 5 THE RIDGEWAY sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2017 3 APR | £1,300,000 | £1,087,248 | 20% above HPI |
2005 21 OCT | £540,000 | £552,734 | 2% below HPI |
The below graph shows the average detached house price in the Harrow local authority area over time, sourced from the HPI. The two 5 THE RIDGEWAY sales from October 2005 and April 2017 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 October 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2017 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
5 THE RIDGEWAY is 220m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Stanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Stanmore, and where 5 THE RIDGEWAY lies on this distribution: 68% of detached houses are smaller than 5 THE RIDGEWAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Stanmore.
5 THE RIDGEWAY sits on a plot of roughly 0.384 of an acre, or 1,555m². 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.
5 THE RIDGEWAY is located in STANMORE, in the HA7 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.