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 HOUSE is a very large extended detached house of 318m², built sometime between 1996 and 2002. It was last sold for £1,100,000 in November 2023, which was around 73% above the average November 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for RIDGEWAY HOUSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four RIDGEWAY HOUSE 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 |
---|---|---|---|
2023 17 NOV | £1,100,000 | £635,029 | 73% above HPI |
2022 10 FEB | £1,250,000 | £597,706 | 109% above HPI |
2014 29 SEP | £985,000 | £413,834 | 138% above HPI |
1995 21 DEC | £130,000 | £117,454 | 11% above HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four RIDGEWAY HOUSE sales between December 1995 and November 2023 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 February 2022 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the November 2023 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.
RIDGEWAY HOUSE is 318m², which includes four extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Monxton, based on EPC data. The below chart shows the distribution of detached houses by size in Monxton, and where RIDGEWAY HOUSE lies on this distribution: 92% of detached houses are smaller than RIDGEWAY HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Monxton.
RIDGEWAY HOUSE sits on a plot of roughly 0.585 of an acre, or 2,368m². The below map shows the location of RIDGEWAY HOUSE, 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 HOUSE). 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.
RIDGEWAY HOUSE is located in MONXTON, in the SP11 postcode district. The below map shows the position of RIDGEWAY HOUSE in MONXTON.