RIDGELANDS, DUKES PARK, WOODBRIDGE, IP12 4DD - £1,335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RIDGELANDS is a very large detached house of 188m², built sometime between 1983 and 1990. It was last sold for £1,335,000 in February 2021, which was around 258% above the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

RIDGELANDS Sold Prices

Land registry data shows three sales for RIDGELANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three RIDGELANDS 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 24 FEB	£1,335,000	£373,390	258% above HPI
2017 1 SEP	£685,000	£345,448	98% above HPI
2003 16 JUL	£385,000	£186,962	106% above HPI

RIDGELANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three RIDGELANDS sales between July 2003 and February 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 September 2017 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the February 2021 sale, where it rises to 258% above the HPI. The line then continues to track at 258% above the HPI.

How Large is RIDGELANDS?

RIDGELANDS is 188m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Woodbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Woodbridge, and where RIDGELANDS lies on this distribution: 83% of detached houses are smaller than RIDGELANDS, and 17% of houses are larger. Note that EPC data is not available for all properties in Woodbridge.

RIDGELANDS: Plot and Title Map

RIDGELANDS sits on a plot of roughly 0.742 of an acre, or 3,003m². The below map shows the location of RIDGELANDS, 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 RIDGELANDS). 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 RIDGELANDS?

RIDGELANDS is located on DUKES PARK in WOODBRIDGE, in the IP12 postcode district. The below map shows the position of RIDGELANDS on DUKES PARK.