56, THE RIDGWAY, SUTTON, SM2 5JU - £1,410,000

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

56 THE RIDGWAY is a very large extended detached house of 325m², built sometime between 1900 and 1929. It was last sold for £1,410,000 in January 2023, which was around 34% above the average January 2023 detached price in the Sutton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

56 THE RIDGWAY Sold Prices

Land registry data shows three sales for 56 THE RIDGWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. All of the three 56 THE RIDGWAY 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
2023 12 JAN	£1,410,000	£1,053,968	34% above HPI
2018 9 FEB	£1,300,000	£834,541	56% above HPI
2015 5 NOV	£950,000	£769,341	23% above HPI

56 THE RIDGWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The three 56 THE RIDGWAY sales between November 2015 and January 2023 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 February 2018 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 56 THE RIDGWAY?

56 THE RIDGWAY is 325m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 56 THE RIDGWAY lies on this distribution: 93% of detached houses are smaller than 56 THE RIDGWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in London.

56 THE RIDGWAY: Plot and Title Map

56 THE RIDGWAY sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 56 THE RIDGWAY, 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 56 THE RIDGWAY). 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 56 THE RIDGWAY?

56 THE RIDGWAY is located in SUTTON, in the SM2 postcode district. The below map shows the position of No. 56 on THE RIDGWAY.