RIDGEWALK, RUARDEAN HILL, DRYBROOK, GL17 9AR - £450,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RIDGEWALK is a very large extended detached house of 213m², built sometime before 1900. It was last sold for £450,000 in June 2022, which was around 19% above the average June 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2021, where the current energy rating was F, and the potential energy rating was C.

RIDGEWALK Sold Prices

Land registry data shows two sales for RIDGEWALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two RIDGEWALK sales was for above the average price, whilst the other was 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
2022 17 JUN	£450,000	£377,206	19% above HPI
2002 18 SEP	£140,000	£157,144	11% below HPI

RIDGEWALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two RIDGEWALK sales from September 2002 and June 2022 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is RIDGEWALK?

RIDGEWALK is 213m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses by size in Drybrook, and where RIDGEWALK lies on this distribution: 96% of detached houses are smaller than RIDGEWALK, and 4% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

RIDGEWALK: Plot and Title Map

RIDGEWALK sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of RIDGEWALK, 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 RIDGEWALK). 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 RIDGEWALK?

RIDGEWALK is located in RUARDEAN HILL, in the GL17 postcode district. The below map shows the position of RIDGEWALK in RUARDEAN HILL.