RIDGEWAY, THE RIDGE, WOODFALLS, SALISBURY, SP5 2LQ - £340,000

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 is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £340,000 in July 2005, which was around 19% above the average July 2005 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, 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 Wiltshire 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
2005 5 JUL	£340,000	£285,062	19% above HPI
1997 8 DEC	£162,000	£119,219	36% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two RIDGEWAY sales from December 1997 and July 2005 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 December 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2005 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 156m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where RIDGEWAY lies on this distribution: 80% of detached houses are smaller than RIDGEWAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.250 of an acre, or 1,012m². 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 THE RIDGE in WOODFALLS, in the SP5 postcode district. The below map shows the position of RIDGEWAY on THE RIDGE.