RIDGEWAY, YESTER PARK, CHISLEHURST, BR7 5DG - £1,100,000

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 midsized extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £1,100,000 in October 2020, which was around 25% above the average October 2020 detached price in the Bromley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was D.

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 Bromley 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
2020 23 OCT	£1,100,000	£882,387	25% above HPI
2016 3 NOV	£1,000,000	£843,195	19% above HPI

RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromley local authority area over time, sourced from the HPI. The two RIDGEWAY sales from November 2016 and October 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 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is RIDGEWAY?

RIDGEWAY is 189m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Chislehurst, based on EPC data. The below chart shows the distribution of detached houses by size in Chislehurst, and where RIDGEWAY lies on this distribution: 57% of detached houses are smaller than RIDGEWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Chislehurst.

RIDGEWAY: Plot and Title Map

RIDGEWAY sits on a plot of roughly 0.256 of an acre, or 1,036m². 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 YESTER PARK in CHISLEHURST, in the BR7 postcode district. The below map shows the position of RIDGEWAY on YESTER PARK.