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
51 RIDGEBOURNE ROAD is a very large detached house of 179m², built sometime between 1930 and 1949. It was last sold for £947,000 in March 2022, which was around 159% above the average March 2022 detached price in the Shropshire 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.
Land registry data shows five sales for 51 RIDGEBOURNE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the five 51 RIDGEBOURNE ROAD 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 |
---|---|---|---|
2022 9 MAR | £947,000 | £366,142 | 159% above HPI |
2016 25 OCT | £640,000 | £289,250 | 121% above HPI |
2010 26 NOV | £540,000 | £259,221 | 108% above HPI |
2004 16 AUG | £540,000 | £235,776 | 129% above HPI |
1996 16 AUG | £182,000 | £83,778 | 117% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The five 51 RIDGEBOURNE ROAD sales between August 1996 and March 2022 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 2016 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the March 2022 sale, where it rises to 159% above the HPI. The line then continues to track at 159% above the HPI.
51 RIDGEBOURNE ROAD is 179m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Shrewsbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shrewsbury, and where 51 RIDGEBOURNE ROAD lies on this distribution: 91% of detached houses are smaller than 51 RIDGEBOURNE ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Shrewsbury.
51 RIDGEBOURNE ROAD sits on a plot of roughly 0.579 of an acre, or 2,343m². The below map shows the location of 51 RIDGEBOURNE ROAD, 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 51 RIDGEBOURNE ROAD). 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.
51 RIDGEBOURNE ROAD is located in SHREWSBURY, in the SY3 postcode district. The below map shows the position of No. 51 on RIDGEBOURNE ROAD.