RIDGEWOOD, KERVES LANE, HORSHAM, RH13 6ET - £1,200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIDGEWOOD is a very large detached house of 182m², built sometime between 1983 and 1990. It was last sold for £1,200,000 in April 2024, which was around 80% above the average April 2024 detached price in the Horsham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

RIDGEWOOD Sold Prices

Land registry data shows two sales for RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. Both of the two 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
2024 5 APR	£1,200,000	£667,454	80% above HPI
2006 8 JUN	£572,000	£373,627	53% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The two RIDGEWOOD sales from June 2006 and April 2024 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 June 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2024 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is RIDGEWOOD?

RIDGEWOOD is 182m² according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Horsham, based on EPC data. The below chart shows the distribution of detached houses by size in Horsham, and where RIDGEWOOD lies on this distribution: 87% of detached houses are smaller than RIDGEWOOD, and 13% of houses are larger. Note that EPC data is not available for all properties in Horsham.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 0.233 of an acre, or 941m². 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 KERVES LANE in HORSHAM, in the RH13 postcode district. The below map shows the position of RIDGEWOOD on KERVES LANE.