50, THE RIDGEWAY, ASTWOOD BANK, REDDITCH, B96 6LT - £465,000

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

50 THE RIDGEWAY is a midsized extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £465,000 in November 2018, which was around 14% above the average November 2018 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

50 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 50 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 Wychavon local authority area for the corresponding sale date. Both of the two 50 THE RIDGEWAY sales were for above 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
2018 30 NOV	£465,000	£408,173	14% above HPI
2010 17 JUN	£385,000	£292,534	32% above HPI

50 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 50 THE RIDGEWAY sales from June 2010 and November 2018 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 2010 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2018 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 50 THE RIDGEWAY?

50 THE RIDGEWAY is 138m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 50 THE RIDGEWAY lies on this distribution: 56% of detached houses are smaller than 50 THE RIDGEWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

50 THE RIDGEWAY: Plot and Title Map

50 THE RIDGEWAY sits on a plot of roughly 0.704 of an acre, or 2,848m². The below map shows the location of 50 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 50 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 50 THE RIDGEWAY?

50 THE RIDGEWAY is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 50 on THE RIDGEWAY.