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
53 THE RIDGEWAY is a large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £700,000 in October 2009, which was around 34% above the average October 2009 detached price in the Enfield local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 53 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the three 53 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 |
---|---|---|---|
2009 23 OCT | £700,000 | £520,641 | 34% above HPI |
2001 30 NOV | £550,000 | £354,780 | 55% above HPI |
1997 27 MAR | £325,000 | £186,999 | 74% above HPI |
The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The three 53 THE RIDGEWAY sales between March 1997 and October 2009 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 November 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 2009 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.
53 THE RIDGEWAY is 184m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 53 THE RIDGEWAY lies on this distribution: 70% of detached houses are smaller than 53 THE RIDGEWAY, and 30% of houses are larger. Note that EPC data is not available for all properties in London.
53 THE RIDGEWAY sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 53 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 53 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.
53 THE RIDGEWAY is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 53 on THE RIDGEWAY.