RIDGEWAYS, BARNHAM ROAD, EASTERGATE, CHICHESTER, PO20 3RP - £626,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RIDGEWAYS is a large detached house of 142m², built sometime between 1900 and 1929, which could now be worth an estimated £719,610. It was last sold for £626,000 in March 2021, which was around 25% above the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

RIDGEWAYS Sold Prices

Land registry data shows two sales for RIDGEWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two RIDGEWAYS 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
2021 9 MAR	£626,000	£499,946	25% above HPI
2014 27 AUG	£400,000	£371,171	8% above HPI

RIDGEWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two RIDGEWAYS sales from August 2014 and March 2021 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 August 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might RIDGEWAYS be worth now?

RIDGEWAYS might now be worth an estimated £719,610.

This is based on house price inflation of 15%, between March 2021 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for RIDGEWAYS of £626,000 on 9th March 2021. For the value to have increased from £626,000 to £719,610 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of RIDGEWAYS has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2021 sale price of £626,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWAYS has not materially changed since March 2021.

How Large is RIDGEWAYS?

RIDGEWAYS is 142m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Eastergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastergate, and where RIDGEWAYS lies on this distribution: 71% of detached houses houses are smaller than RIDGEWAYS, and 28% of houses are larger. Note that EPC data is not available for all properties in Eastergate.

RIDGEWAYS: Plot and Title Map

RIDGEWAYS sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of RIDGEWAYS, 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 RIDGEWAYS). 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 RIDGEWAYS?

RIDGEWAYS is located on BARNHAM ROAD in EASTERGATE, in the PO20 postcode district. The below map shows the position of RIDGEWAYS on BARNHAM ROAD.