RIDGE COTTAGE, THE RIDGE, REDLYNCH, SALISBURY, SP5 2LN - £275,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

RIDGE COTTAGE is a very small semi-detached house of 69m², built sometime between 1900 and 1929. It was last sold for £275,000 in September 2023, which was around 45% below the average September 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

RIDGE COTTAGE Sold Prices

Land registry data shows four sales for RIDGE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four RIDGE COTTAGE 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
2023 1 SEP	£275,000	£498,188	45% below HPI
2016 1 NOV	£275,000	£389,246	29% below HPI
2004 10 MAY	£225,000	£271,317	17% below HPI
1997 31 OCT	£85,000	£116,988	27% below HPI

RIDGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four RIDGE COTTAGE sales between October 1997 and September 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 November 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is RIDGE COTTAGE?

RIDGE COTTAGE is 69m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where RIDGE COTTAGE lies on this distribution: 8% of detached houses are smaller than RIDGE COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

RIDGE COTTAGE: Plot and Title Map

RIDGE COTTAGE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of RIDGE COTTAGE, 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 RIDGE COTTAGE). 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 RIDGE COTTAGE?

RIDGE COTTAGE is located on THE RIDGE in REDLYNCH, in the SP5 postcode district. The below map shows the position of RIDGE COTTAGE on THE RIDGE.