7, RIDGEWAY, WEST PARLEY, FERNDOWN, BH22 8TT - £510,000

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

7 RIDGEWAY is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £510,000 in April 2018, which was around 20% above the average April 2018 detached price in the Dorset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

7 RIDGEWAY Sold Prices

Land registry data shows four sales for 7 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. two of the four 7 RIDGEWAY sales were for above the average price, and four 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
2018 13 APR	£510,000	£423,422	20% above HPI
2015 10 DEC	£440,000	£384,267	15% above HPI
2013 20 DEC	£310,000	£334,899	7% below HPI
2013 1 MAY	£250,000	£323,879	23% below HPI

7 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The four 7 RIDGEWAY sales between May 2013 and April 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 December 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 RIDGEWAY?

7 RIDGEWAY is 171m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in West Parley, based on EPC data. The below chart shows the distribution of detached houses by size in West Parley, and where 7 RIDGEWAY lies on this distribution: 81% of detached houses are smaller than 7 RIDGEWAY, and 19% of houses are larger. Note that EPC data is not available for all properties in West Parley.

7 RIDGEWAY: Plot and Title Map

7 RIDGEWAY sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 7 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 7 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 7 RIDGEWAY?

7 RIDGEWAY is located in WEST PARLEY, in the BH22 postcode district. The below map shows the position of No. 7 on RIDGEWAY.