RIDGEWAY, GORSLEY, ROSS-ON-WYE, HR9 7SG - £480,000

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 large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £480,000 in July 2011, which was around 81% above the average July 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was A, and the potential energy rating was A.

RIDGEWAY Sold Prices

Land registry data shows two sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 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
2011 15 JUL	£480,000	£265,871	81% above HPI
2006 4 SEP	£487,500	£271,577	80% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two RIDGEWAY sales from September 2006 and July 2011 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 2006 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2011 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 169m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Gorsley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Gorsley Common, and where RIDGEWAY lies on this distribution: 72% of detached houses are smaller than RIDGEWAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Gorsley Common.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 2.1 acres, or 8,322m². 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 in GORSLEY, in the HR9 postcode district. The below map shows the position of RIDGEWAY in GORSLEY.