RIDGEWOOD COTTAGE, BEACONSFIELD ROAD, CHELWOOD GATE, HAYWARDS HEATH, RH17 7JU - £519,000

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

RIDGEWOOD COTTAGE is a very small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £519,000 in May 2018, which was around 8% above the average May 2018 detached price in the Wealden local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

RIDGEWOOD COTTAGE Sold Prices

Land registry data shows two sales for RIDGEWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two RIDGEWOOD COTTAGE 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
2018 25 MAY	£519,000	£482,558	8% above HPI
1999 24 FEB	£167,950	£146,867	14% above HPI

RIDGEWOOD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two RIDGEWOOD COTTAGE sales from February 1999 and May 2018 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 February 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is RIDGEWOOD COTTAGE?

RIDGEWOOD COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Chelwood Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Chelwood Gate, and where RIDGEWOOD COTTAGE lies on this distribution: 15% of detached houses are smaller than RIDGEWOOD COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chelwood Gate.

RIDGEWOOD COTTAGE: Plot and Title Map

RIDGEWOOD COTTAGE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of RIDGEWOOD COTTAGE, 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 RIDGEWOOD COTTAGE). 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 RIDGEWOOD COTTAGE?

RIDGEWOOD COTTAGE is located on BEACONSFIELD ROAD in CHELWOOD GATE, in the RH17 postcode district. The below map shows the position of RIDGEWOOD COTTAGE on BEACONSFIELD ROAD.