RIDGEWAY, BUNTS LANE, SEATON, EX12 2HY - £740,000

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

RIDGEWAY is a very large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £740,000 in November 2022, which was around 43% above the average November 2022 detached price in the East Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, 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 East Devon local authority area for the corresponding sale date. All of the three RIDGEWAY 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
2022 23 NOV	£740,000	£517,165	43% above HPI
2003 30 SEP	£390,000	£266,557	46% above HPI
1997 14 FEB	£120,000	£99,792	20% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three RIDGEWAY sales between February 1997 and November 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 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2022 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 169m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Seaton, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton, and where RIDGEWAY lies on this distribution: 92% of detached houses are smaller than RIDGEWAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Seaton.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.264 of an acre, or 1,070m². 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 BUNTS LANE in SEATON, in the EX12 postcode district. The below map shows the position of RIDGEWAY on BUNTS LANE.