RIDGEWAY, UPPER CRABBICK LANE, DENMEAD, WATERLOOVILLE, PO7 6HQ - £558,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RIDGEWAY is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £558,000 in February 2017, which was around 13% below the average February 2017 detached price in the Winchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, 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 Winchester local authority area for the corresponding sale date. Both of the two RIDGEWAY sales were for below 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
2017 7 FEB	£558,000	£644,954	13% below HPI
2001 24 MAY	£230,000	£259,320	11% below HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two RIDGEWAY sales from May 2001 and February 2017 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 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 139m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Denmead, based on EPC data. The below chart shows the distribution of detached houses by size in Denmead, and where RIDGEWAY lies on this distribution: 66% of detached houses are smaller than RIDGEWAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Denmead.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.255 of an acre, or 1,032m². 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 UPPER CRABBICK LANE in DENMEAD, in the PO7 postcode district. The below map shows the position of RIDGEWAY on UPPER CRABBICK LANE.