8A, THE RIDGEWAY, GUILDFORD, GU1 2DG - £2,425,000

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

8A THE RIDGEWAY is a very large extended detached house of 314m², built sometime between 2007 and 2011. It was last sold for £2,425,000 in August 2023, which was around 165% above the average August 2023 detached price in the Guildford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

8A THE RIDGEWAY Sold Prices

Land registry data shows four sales for 8A THE 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 Guildford local authority area for the corresponding sale date. All of the four 8A THE RIDGEWAY 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
2023 18 AUG	£2,425,000	£916,082	165% above HPI
2019 19 JUL	£1,030,000	£774,569	33% above HPI
2014 30 MAY	£950,000	£624,701	52% above HPI
2008 25 JUN	£822,500	£525,454	57% above HPI

8A THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The four 8A THE RIDGEWAY sales between June 2008 and August 2023 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 2019 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2023 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

How Large is 8A THE RIDGEWAY?

8A THE RIDGEWAY is 314m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where 8A THE RIDGEWAY lies on this distribution: 96% of detached houses are smaller than 8A THE RIDGEWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Guildford.

8A THE RIDGEWAY: Plot and Title Map

8A THE RIDGEWAY sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 8A 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 8A 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 8A THE RIDGEWAY?

8A THE RIDGEWAY is located in GUILDFORD, in the GU1 postcode district. The below map shows the position of No. 8A on THE RIDGEWAY.