RIDGEWAY COTTAGE, WATERS UPTON, TELFORD, TF6 6NP - £332,500

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 COTTAGE is a large extended detached house of 165m², built sometime before 1900. It was last sold for £332,500 in January 2006, which was around 63% above the average January 2006 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

RIDGEWAY COTTAGE Sold Prices

Land registry data shows two sales for RIDGEWAY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two RIDGEWAY COTTAGE 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
2006 13 JAN	£332,500	£203,510	63% above HPI
1996 13 DEC	£116,500	£72,969	60% above HPI

RIDGEWAY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two RIDGEWAY COTTAGE sales from December 1996 and January 2006 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 1996 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2006 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is RIDGEWAY COTTAGE?

RIDGEWAY COTTAGE is 165m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Waters Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Waters Upton, and where RIDGEWAY COTTAGE lies on this distribution: 74% of detached houses are smaller than RIDGEWAY COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Waters Upton.

RIDGEWAY COTTAGE: Plot and Title Map

RIDGEWAY COTTAGE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of RIDGEWAY COTTAGE, 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 COTTAGE). 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 COTTAGE?

RIDGEWAY COTTAGE is located in WATERS UPTON, in the TF6 postcode district. The below map shows the position of RIDGEWAY COTTAGE in WATERS UPTON.