8, RIDGEWAY CLOSE, SOUTHWICK, BRIGHTON, BN42 4QQ - £194,950

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

8 RIDGEWAY CLOSE is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £194,950 in September 2009, which was around 27% below the average September 2009 detached price in the Adur local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

8 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 8 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Adur local authority area for the corresponding sale date. Both of the two 8 RIDGEWAY CLOSE 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
2009 10 SEP	£194,950	£267,065	27% below HPI
2000 14 AUG	£106,000	£156,282	32% below HPI

8 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Adur local authority area over time, sourced from the HPI. The two 8 RIDGEWAY CLOSE sales from August 2000 and September 2009 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 August 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 RIDGEWAY CLOSE?

8 RIDGEWAY CLOSE is 105m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% of detached houses in Southwick, based on EPC data. The below chart shows the distribution of detached houses by size in Southwick, and where 8 RIDGEWAY CLOSE lies on this distribution: 53% of detached houses are smaller than 8 RIDGEWAY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Southwick.

8 RIDGEWAY CLOSE: Plot and Title Map

8 RIDGEWAY CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 RIDGEWAY CLOSE, 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 8 RIDGEWAY CLOSE). 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 8 RIDGEWAY CLOSE?

8 RIDGEWAY CLOSE is located in SOUTHWICK, in the BN42 postcode district. The below map shows the position of No. 8 on RIDGEWAY CLOSE.