RIDGE HOUSE, BATH ROAD, WOOLHAMPTON, READING, RG7 5RE - £545,000

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.

RIDGE HOUSE is a very large detached house of 213m², built sometime from 2007 onwards, which could now be worth an estimated £648,976. It was last sold for £545,000 in February 2019, which was around 8% below the average February 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

RIDGE HOUSE Sold Prices

Land registry data shows two sales for RIDGE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. One of the two RIDGE HOUSE sales was for below the average price, whilst the other was 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
2019 5 FEB	£545,000	£590,608	8% below HPI
2008 14 MAR	£490,000	£404,130	21% above HPI

RIDGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two RIDGE HOUSE sales from March 2008 and February 2019 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 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might RIDGE HOUSE be worth now?

RIDGE HOUSE might now be worth an estimated £648,976.

This is based on house price inflation of 19.1%, between February 2019 and February 2025, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for RIDGE HOUSE of £545,000 on 5th February 2019. For the value to have increased from £545,000 to £648,976 over the six years to February 2025, the following assumptions must hold true:

• The value of RIDGE HOUSE has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The February 2019 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGE HOUSE has not materially changed since February 2019.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 213m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Woolhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolhampton, and where RIDGE HOUSE lies on this distribution: 80% of detached houses houses are smaller than RIDGE HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Woolhampton.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of RIDGE HOUSE, 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 HOUSE). 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 HOUSE?

RIDGE HOUSE is located on BATH ROAD in WOOLHAMPTON, in the RG7 postcode district. The below map shows the position of RIDGE HOUSE on BATH ROAD.