RED RIDGE, STODMARSH ROAD, CANTERBURY, CT3 4AG - £875,000

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

RED RIDGE is a very large extended detached house of 199m², built sometime between 2003 and 2006. It was last sold for £875,000 in March 2023, which was around 56% above the average March 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

RED RIDGE Sold Prices

Land registry data shows two sales for RED RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. Both of the two RED RIDGE 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 17 MAR	£875,000	£560,209	56% above HPI
2012 6 MAR	£535,000	£286,769	87% above HPI

RED RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two RED RIDGE sales from March 2012 and March 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 March 2012 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the March 2023 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is RED RIDGE?

RED RIDGE is 199m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses by size in Canterbury, and where RED RIDGE lies on this distribution: 89% of detached houses are smaller than RED RIDGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

RED RIDGE: Plot and Title Map

RED RIDGE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of RED 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 RED 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 RED RIDGE?

RED RIDGE is located on STODMARSH ROAD in CANTERBURY, in the CT3 postcode district. The below map shows the position of RED RIDGE on STODMARSH ROAD.