RIDGEWAY, SOUTHFIELDS ROAD, WOLDINGHAM, CATERHAM, CR3 7BG - £1,245,000

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 small extended detached house of 174m², built sometime between 1930 and 1949. It was last sold for £1,245,000 in March 2024, which was around 42% above the average March 2024 detached price in the Tandridge local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

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 Tandridge 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
2024 18 MAR	£1,245,000	£876,152	42% above HPI
2004 22 MAR	£682,500	£428,061	59% above HPI
1997 14 FEB	£230,000	£176,518	30% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tandridge local authority area over time, sourced from the HPI. The three RIDGEWAY sales between February 1997 and March 2024 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 March 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2024 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 174m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Woldingham, based on EPC data. The below chart shows the distribution of detached houses by size in Woldingham, and where RIDGEWAY lies on this distribution: 23% of detached houses are smaller than RIDGEWAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Woldingham.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.427 of an acre, or 1,729m². 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 SOUTHFIELDS ROAD in WOLDINGHAM, in the CR3 postcode district. The below map shows the position of RIDGEWAY on SOUTHFIELDS ROAD.