HIGH RIDGE, CHADWELL RISE, WARE, SG12 9LA - £920,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HIGH RIDGE is a very large extended detached house of 274m², built sometime between 1930 and 1949, which could now be worth an estimated £1,001,640. It was last sold for £920,000 in August 2018, which was around 17% above the average August 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

HIGH RIDGE Sold Prices

Land registry data shows three sales for HIGH RIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the three HIGH RIDGE sales was for above the average price, whilst two 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
2018 31 AUG	£920,000	£784,501	17% above HPI
1997 23 MAY	£155,000	£165,340	6% below HPI
1995 9 DEC	£140,000	£145,933	4% below HPI

HIGH RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three HIGH RIDGE sales between December 1995 and August 2018 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might HIGH RIDGE be worth now?

HIGH RIDGE might now be worth an estimated £1,001,640.

This is based on house price inflation of 8.9%, between August 2018 and February 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for HIGH RIDGE of £920,000 on 31st August 2018. For the value to have increased from £920,000 to £1,001,640 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of HIGH RIDGE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The August 2018 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH RIDGE has not materially changed since August 2018.

How Large is HIGH RIDGE?

HIGH RIDGE is 274m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where HIGH RIDGE lies on this distribution: 99% of detached houses houses are smaller than HIGH RIDGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Ware.

HIGH RIDGE: Plot and Title Map

HIGH RIDGE sits on a plot of roughly 0.372 of an acre, or 1,505m². The below map shows the location of HIGH RIDGE, 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 HIGH RIDGE). 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 HIGH RIDGE?

HIGH RIDGE is located on CHADWELL RISE in WARE, in the SG12 postcode district. The below map shows the position of HIGH RIDGE on CHADWELL RISE.