RIDGEWAY, BLIND LANE, BOWER HINTON, MARTOCK, TA12 6LR - £305,000

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

RIDGEWAY is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £305,000 in April 2017, which was around 9% below the average April 2017 detached price in the Somerset local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

RIDGEWAY Sold Prices

Land registry data shows three sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. The three RIDGEWAY sales were a mix of below the average price, roughly equal to the average price, and 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
2017 13 APR	£305,000	£333,650	9% below HPI
2014 18 DEC	£320,000	£290,815	10% above HPI
1999 16 APR	£107,000	£107,019	Close to HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three RIDGEWAY sales between April 1999 and April 2017 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 December 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 118m² according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where RIDGEWAY lies on this distribution: 53% of detached houses are smaller than RIDGEWAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Martock.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

RIDGEWAY is located on BLIND LANE in BOWER HINTON, in the TA12 postcode district. The below map shows the position of RIDGEWAY on BLIND LANE.