53, THE RIDGEWAY, MARCHWIEL, WREXHAM, LL13 0RU - £225,000

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

53 THE RIDGEWAY is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £225,000 in May 2017, which was around 1% above the average May 2017 detached price in the Wrexham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was D.

53 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 53 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Two of the three 53 THE RIDGEWAY sales were for above the average price, whilst one was 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
2017 26 MAY	£225,000	£221,729	1% above HPI
2006 30 JAN	£190,000	£196,633	3% below HPI
2003 10 OCT	£172,950	£152,169	14% above HPI

53 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 53 THE RIDGEWAY sales between October 2003 and May 2017 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 January 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 53 THE RIDGEWAY?

53 THE RIDGEWAY is 125m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Marchwiel, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwiel, and where 53 THE RIDGEWAY lies on this distribution: 76% of detached houses are smaller than 53 THE RIDGEWAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Marchwiel.

53 THE RIDGEWAY: Plot and Title Map

53 THE RIDGEWAY sits on a plot of roughly 0.091 of an acre, or 368m². 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.

Where is 53 THE RIDGEWAY?

53 THE RIDGEWAY is located in MARCHWIEL, in the LL13 postcode district. The below map shows the position of No. 53 on THE RIDGEWAY.