RIDGEWOOD, CROWN HEIGHTS, GUILDFORD, GU1 3TX - £3,000,000

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 is a very large extended detached house of 299m², built sometime between 1996 and 2002. It was last sold for £3,000,000 in September 2022, which was around 223% above the average September 2022 detached price in the Guildford local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

RIDGEWOOD Sold Prices

Land registry data shows four sales for RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the four RIDGEWOOD 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
2022 1 SEP	£3,000,000	£929,079	223% above HPI
2014 29 SEP	£1,630,000	£654,237	149% above HPI
2002 20 AUG	£870,000	£379,131	129% above HPI
1999 30 APR	£610,000	£231,863	163% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The four RIDGEWOOD sales between April 1999 and September 2022 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 September 2014 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the September 2022 sale, where it rises to 223% above the HPI. The line then continues to track at 223% above the HPI.

How Large is RIDGEWOOD?

RIDGEWOOD is 299m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Guildford, based on EPC data. The below chart shows the distribution of detached houses by size in Guildford, and where RIDGEWOOD lies on this distribution: 95% of detached houses are smaller than RIDGEWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Guildford.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of RIDGEWOOD, 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). 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?

RIDGEWOOD is located on CROWN HEIGHTS in GUILDFORD, in the GU1 postcode district. The below map shows the position of RIDGEWOOD on CROWN HEIGHTS.