RIDGEWAY, LONDON ROAD, RAKE, LISS, GU33 7NL - £1,450,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

RIDGEWAY is a very large extended detached house of 405m², built sometime between 1950 and 1966. It was last sold for £1,450,000 in December 2021, which was around 119% above the average December 2021 detached price in the Chichester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

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 Chichester 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
2021 3 DEC	£1,450,000	£661,892	119% above HPI
1997 28 APR	£238,000	£141,620	68% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two RIDGEWAY sales from April 1997 and December 2021 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 April 1997 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the December 2021 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 405m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Rake, based on EPC data. The below chart shows the distribution of detached houses by size in Rake, and where RIDGEWAY lies on this distribution: More than 99% of detached houses are smaller than RIDGEWAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Rake.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 1.1 acres, or 4,329m². 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 LONDON ROAD in RAKE, in the GU33 postcode district. The below map shows the position of RIDGEWAY on LONDON ROAD.