5, THE RIDGEWAY, WARWICK, CV34 5SH - £309,000

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 large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £309,000 in July 2015, which was around 31% below the average July 2015 detached price in the Warwick local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

5 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 5 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two 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
2015 16 JUL	£309,000	£448,622	31% below HPI
2005 31 AUG	£206,000	£337,173	39% below HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 5 THE RIDGEWAY sales from August 2005 and July 2015 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 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 136m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick, and where 5 THE RIDGEWAY lies on this distribution: 65% of detached houses are smaller than 5 THE RIDGEWAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Warwick.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.119 of an acre, or 482m². 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 WARWICK, in the CV34 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.