7, RIDGEWELL TERRACE, FRADDON, ST COLUMB, TR9 6LU - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 RIDGEWELL TERRACE is a midsized extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £175,000 in September 2018, which was around 48% below the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was A.

7 RIDGEWELL TERRACE Sold Prices

Land registry data shows two sales for 7 RIDGEWELL TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 7 RIDGEWELL TERRACE 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
2018 19 SEP	£175,000	£335,524	48% below HPI
2004 26 JUL	£153,000	£248,122	38% below HPI

7 RIDGEWELL TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 7 RIDGEWELL TERRACE sales from July 2004 and September 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 July 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 7 RIDGEWELL TERRACE?

7 RIDGEWELL TERRACE is 100m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% of detached houses in Fraddon, based on EPC data. The below chart shows the distribution of detached houses by size in Fraddon, and where 7 RIDGEWELL TERRACE lies on this distribution: 53% of detached houses are smaller than 7 RIDGEWELL TERRACE, and 47% of houses are larger. Note that EPC data is not available for all properties in Fraddon.

7 RIDGEWELL TERRACE: Plot and Title Map

7 RIDGEWELL TERRACE sits on a plot of roughly 0.980 of an acre, or 3,967m². The below map shows the location of 7 RIDGEWELL TERRACE, 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 RIDGEWELL TERRACE). 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 RIDGEWELL TERRACE?

7 RIDGEWELL TERRACE is located in FRADDON, in the TR9 postcode district. The below map shows the position of No. 7 on RIDGEWELL TERRACE.