RIDGE HOUSE, OLD FRENSHAM ROAD, LOWER BOURNE, FARNHAM, GU10 3HE - £1,280,000

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 large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £1,452,281. It was last sold for £1,280,000 in January 2021, which was around 58% above the average January 2021 detached price in the Waverley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

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 Waverley local authority area for the corresponding sale date. Both of the two RIDGE HOUSE 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
2021 8 JAN	£1,280,000	£811,643	58% above HPI
2005 24 MAY	£700,000	£440,360	59% above HPI

RIDGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two RIDGE HOUSE sales from May 2005 and January 2021 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 2005 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might RIDGE HOUSE be worth now?

RIDGE HOUSE might now be worth an estimated £1,452,281.

This is based on house price inflation of 13.5%, between January 2021 and February 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for RIDGE HOUSE of £1,280,000 on 8th January 2021. For the value to have increased from £1,280,000 to £1,452,281 over the three years and eleven months 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 Waverley local authority area.
• The January 2021 sale price of £1,280,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGE HOUSE has not materially changed since January 2021.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 183m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Farnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnham, and where RIDGE HOUSE lies on this distribution: 66% of detached houses houses are smaller than RIDGE HOUSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Farnham.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 2.4 acres, or 9,684m². 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 OLD FRENSHAM ROAD in LOWER BOURNE, in the GU10 postcode district. The below map shows the position of RIDGE HOUSE on OLD FRENSHAM ROAD.