RIDGE HOUSE, PICKET PIECE, ANDOVER, SP11 6LY - £457,500

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

RIDGE HOUSE is a very large extended detached house of 220m², built sometime between 1983 and 1990. It was last sold for £457,500 in March 2015, which was around 8% above the average March 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

RIDGE HOUSE Sold Prices

Land registry data shows four sales for RIDGE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. two of the four RIDGE HOUSE sales were for above the average price, and four 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
2015 20 MAR	£457,500	£423,846	8% above HPI
2005 7 JAN	£305,000	£320,262	5% below HPI
2003 1 APR	£315,000	£300,418	5% above HPI
2000 7 SEP	£203,000	£219,710	8% below HPI

RIDGE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four RIDGE HOUSE sales between September 2000 and March 2015 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 January 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is RIDGE HOUSE?

RIDGE HOUSE is 220m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Picket Piece, based on EPC data. The below chart shows the distribution of detached houses by size in Picket Piece, and where RIDGE HOUSE lies on this distribution: 97% of detached houses are smaller than RIDGE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Picket Piece.

RIDGE HOUSE: Plot and Title Map

RIDGE HOUSE sits on a plot of roughly 0.213 of an acre, or 861m². 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 in PICKET PIECE, in the SP11 postcode district. The below map shows the position of RIDGE HOUSE in PICKET PIECE.