57, RIDGE CLOSE, LONDON, SE28 0HT - £149,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

57 RIDGE CLOSE is a small detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £583,013. It was last sold for £149,500 in August 2000, which was around 41% below the average August 2000 detached price in the Greenwich local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

57 RIDGE CLOSE Sold Prices

Land registry data shows two sales for 57 RIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. Both of the two 57 RIDGE CLOSE sales were 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
2000 11 AUG	£149,500	£253,458	41% below HPI
2000 9 JUN	£139,500	£241,192	42% below HPI

57 RIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The two 57 RIDGE CLOSE sales from June 2000 and August 2000 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 June 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2000 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 57 RIDGE CLOSE be worth now?

57 RIDGE CLOSE might now be worth an estimated £583,013.

This is based on house price inflation of 290%, between August 2000 and February 2025, for detached houses, in the Greenwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 290% inflationary increase is applied to the most recent sale price for 57 RIDGE CLOSE of £149,500 on 11th August 2000. For the value to have increased from £149,500 to £583,013 over the 25 years and six months to February 2025, the following assumptions must hold true:

• The value of 57 RIDGE CLOSE has moved in line with the HPI for detached houses in the Greenwich local authority area.
• The August 2000 sale price of £149,500 represented a fair market value for the property.
• The size, condition, and specification of 57 RIDGE CLOSE has not materially changed since August 2000.

How Large is 57 RIDGE CLOSE?

57 RIDGE CLOSE is 126m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 57 RIDGE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 57 RIDGE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

57 RIDGE CLOSE: Plot and Title Map

57 RIDGE CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 57 RIDGE CLOSE, 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 57 RIDGE CLOSE). 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 57 RIDGE CLOSE?

57 RIDGE CLOSE is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 57 on RIDGE CLOSE.