7, RIDGEWAY WALK, HERNE BAY, CT6 7LX - £292,000

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.

7 RIDGEWAY WALK is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £527,990. It was last sold for £292,000 in September 2011, which was around 7% below the average September 2011 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

7 RIDGEWAY WALK Sold Prices

Land registry data shows three sales for 7 RIDGEWAY WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Two of the three 7 RIDGEWAY WALK sales were for below the average price, whilst one 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
2011 5 SEP	£292,000	£315,508	7% below HPI
2006 25 OCT	£275,000	£292,802	6% below HPI
1999 18 JUN	£120,500	£117,824	2% above HPI

7 RIDGEWAY WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three 7 RIDGEWAY WALK sales between June 1999 and September 2011 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 RIDGEWAY WALK be worth now?

7 RIDGEWAY WALK might now be worth an estimated £527,990.

This is based on house price inflation of 80.8%, between September 2011 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.8% inflationary increase is applied to the most recent sale price for 7 RIDGEWAY WALK of £292,000 on 5th September 2011. For the value to have increased from £292,000 to £527,990 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 RIDGEWAY WALK has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The September 2011 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIDGEWAY WALK has not materially changed since September 2011.

How Large is 7 RIDGEWAY WALK?

7 RIDGEWAY WALK is 133m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses houses in Herne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Herne, and where 7 RIDGEWAY WALK lies on this distribution: 77% of detached houses houses are smaller than 7 RIDGEWAY WALK, and 23% of houses are larger. Note that EPC data is not available for all properties in Herne.

7 RIDGEWAY WALK: Plot and Title Map

7 RIDGEWAY WALK sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 7 RIDGEWAY WALK, 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 7 RIDGEWAY WALK). 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 7 RIDGEWAY WALK?

7 RIDGEWAY WALK is located in HERNE BAY, in the CT6 postcode district. The below map shows the position of No. 7 on RIDGEWAY WALK.