7, THE RIDGEWAY, MARCHWIEL, WREXHAM, LL13 0SB - £232,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 THE RIDGEWAY is a small extended semi-detached house of 94m², built sometime between 1930 and 1949. It was last sold for £232,000 in June 2022, which was around 19% below the average June 2022 detached price in the Wrexham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

7 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 7 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the three 7 THE RIDGEWAY 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
2022 30 JUN	£232,000	£287,906	19% below HPI
2017 23 OCT	£175,000	£222,207	21% below HPI
2015 30 OCT	£140,000	£211,112	34% below HPI

7 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 three 7 THE RIDGEWAY sales between October 2015 and June 2022 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 THE RIDGEWAY?

7 THE RIDGEWAY is 94m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses in Marchwiel, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwiel, and where 7 THE RIDGEWAY lies on this distribution: 33% of detached houses are smaller than 7 THE RIDGEWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Marchwiel.

7 THE RIDGEWAY: Plot and Title Map

7 THE RIDGEWAY sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 7 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 7 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 7 THE RIDGEWAY?

7 THE RIDGEWAY is located in MARCHWIEL, in the LL13 postcode district. The below map shows the position of No. 7 on THE RIDGEWAY.