RIDGEWAY, PLYMTREE, CULLOMPTON, EX15 2JP - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RIDGEWAY is a very large detached house of 289m², which could now be worth an estimated £624,529. It was last sold for £395,000 in March 2014, which was around 15% above the average March 2014 detached price in the East Devon local authority area. The most recent EPC inspection was August 2016, 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 East Devon 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
2014 6 MAR	£395,000	£343,380	15% above HPI
1995 25 MAY	£109,000	£93,194	17% 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 two RIDGEWAY sales from May 1995 and March 2014 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 May 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might RIDGEWAY be worth now?

RIDGEWAY might now be worth an estimated £624,529.

This is based on house price inflation of 58.1%, between March 2014 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.1% inflationary increase is applied to the most recent sale price for RIDGEWAY of £395,000 on 6th March 2014. For the value to have increased from £395,000 to £624,529 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of RIDGEWAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWAY has not materially changed since March 2014.

How Large is RIDGEWAY?

RIDGEWAY is 289m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses houses in Plymtree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymtree, and where RIDGEWAY lies on this distribution: 93% of detached houses houses are smaller than RIDGEWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Plymtree.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 1.5 acres, or 6,021m². 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 PLYMTREE, in the EX15 postcode district. The below map shows the position of RIDGEWAY in PLYMTREE.