RIDGEWAY, PONDCOPSE LANE, LOXWOOD, BILLINGSHURST, RH14 0XF - £706,000

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 very large extended detached house of 231m², built sometime between 2003 and 2006. It was last sold for £706,000 in July 2020, which was around 18% above the average July 2020 detached price in the Chichester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

RIDGEWAY Sold Prices

Land registry data shows three sales for RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 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
2020 22 JUL	£706,000	£599,046	18% above HPI
2013 22 NOV	£685,000	£462,561	48% above HPI
2007 3 AUG	£660,000	£424,442	55% 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 three RIDGEWAY sales between August 2007 and July 2020 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 November 2013 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 231m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% of detached houses in Loxwood, based on EPC data. The below chart shows the distribution of detached houses by size in Loxwood, and where RIDGEWAY lies on this distribution: 94% of detached houses are smaller than RIDGEWAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Loxwood.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.154 of an acre, or 624m². 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 PONDCOPSE LANE in LOXWOOD, in the RH14 postcode district. The below map shows the position of RIDGEWAY on PONDCOPSE LANE.