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 THE RIDINGS is a very small extended detached house of 153m², built sometime between 1976 and 1982. It was last sold for £990,000 in July 2016, which was around 33% above the average July 2016 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 THE RIDINGS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 7 THE RIDINGS sales were 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 |
---|---|---|---|
2016 19 JUL | £990,000 | £743,675 | 33% above HPI |
1997 8 MAY | £275,000 | £164,158 | 68% above HPI |
The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 7 THE RIDINGS sales from May 1997 and July 2016 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 May 1997 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
7 THE RIDINGS is 153m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where 7 THE RIDINGS lies on this distribution: 10% of detached houses are smaller than 7 THE RIDINGS, and 90% of houses are larger. Note that EPC data is not available for all properties in Kingswood.
7 THE RIDINGS sits on a plot of roughly 0.416 of an acre, or 1,685m². The below map shows the location of 7 THE RIDINGS, 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 RIDINGS). 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.
7 THE RIDINGS is located in KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 7 on THE RIDINGS.