GREEN RIDGES, SWANNELLS WOOD, STUDHAM, DUNSTABLE, LU6 2QB - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREEN RIDGES is a small detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £1,235,769. It was last sold for £625,000 in July 2011, which was around 98% above the average July 2011 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

GREEN RIDGES Sold Prices

Land registry data shows two sales for GREEN RIDGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two GREEN RIDGES 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
2011 15 JUL	£625,000	£315,376	98% above HPI
2002 22 MAY	£335,000	£220,536	52% above HPI

GREEN RIDGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two GREEN RIDGES sales from May 2002 and July 2011 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 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2011 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might GREEN RIDGES be worth now?

GREEN RIDGES might now be worth an estimated £1,235,769.

This is based on house price inflation of 97.7%, between July 2011 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.7% inflationary increase is applied to the most recent sale price for GREEN RIDGES of £625,000 on 15th July 2011. For the value to have increased from £625,000 to £1,235,769 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of GREEN RIDGES has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The July 2011 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN RIDGES has not materially changed since July 2011.

How Large is GREEN RIDGES?

GREEN RIDGES is 110m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses houses in Studham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Studham, and where GREEN RIDGES lies on this distribution: 21% of detached houses houses are smaller than GREEN RIDGES, and 77% of houses are larger. Note that EPC data is not available for all properties in Studham.

GREEN RIDGES: Plot and Title Map

GREEN RIDGES sits on a plot of roughly 0.342 of an acre, or 1,385m². The below map shows the location of GREEN RIDGES, 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 GREEN RIDGES). 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 GREEN RIDGES?

GREEN RIDGES is located on SWANNELLS WOOD in STUDHAM, in the LU6 postcode district. The below map shows the position of GREEN RIDGES on SWANNELLS WOOD.