Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
53 THE RIDGEWAY is a very large extended detached house of 253m², built sometime between 2003 and 2006. It was last sold for £1,250,000 in May 2021, which was around 49% above the average May 2021 detached price in the Mole Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, 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 Mole Valley 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 |
---|---|---|---|
2021 25 MAY | £1,250,000 | £839,356 | 49% above HPI |
2010 30 JUL | £1,020,000 | £567,535 | 80% above HPI |
2005 4 NOV | £800,000 | £462,345 | 73% above HPI |
The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The three 53 THE RIDGEWAY sales between November 2005 and May 2021 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 July 2010 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2021 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.
53 THE RIDGEWAY is 253m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses by size in Fetcham, and where 53 THE RIDGEWAY lies on this distribution: 89% of detached houses are smaller than 53 THE RIDGEWAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Fetcham.
53 THE RIDGEWAY sits on a plot of roughly 0.238 of an acre, or 963m². 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 FETCHAM, in the KT22 postcode district. The below map shows the position of No. 53 on THE RIDGEWAY.