57, THE RIDGEWAY, MARCHWIEL, WREXHAM, LL13 0RU - £195,000

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

57 THE RIDGEWAY is a very large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £195,000 in May 2018, which was around 14% below the average May 2018 detached price in the Wrexham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

57 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 57 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. One of the two 57 THE RIDGEWAY sales was for below the average price, whilst the other was 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
2018 4 MAY	£195,000	£225,593	14% below HPI
1998 30 JAN	£77,000	£71,659	7% above HPI

57 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 two 57 THE RIDGEWAY sales from January 1998 and May 2018 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 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 57 THE RIDGEWAY?

57 THE RIDGEWAY is 135m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Marchwiel, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwiel, and where 57 THE RIDGEWAY lies on this distribution: 83% of detached houses are smaller than 57 THE RIDGEWAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Marchwiel.

57 THE RIDGEWAY: Plot and Title Map

57 THE RIDGEWAY sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 57 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 57 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 57 THE RIDGEWAY?

57 THE RIDGEWAY is located in MARCHWIEL, in the LL13 postcode district. The below map shows the position of No. 57 on THE RIDGEWAY.