RIDGEWOOD, PERRYMEAD, BATH, BA2 5AX - £1,400,000

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.

RIDGEWOOD is a large extended detached house of 156m², built sometime between 1950 and 1966, which could now be worth an estimated £1,584,095. It was last sold for £1,400,000 in November 2020, which was around 131% above the average November 2020 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

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 Bath and North East Somerset 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
2020 12 NOV	£1,400,000	£606,854	131% above HPI
2013 20 JUN	£650,000	£411,667	58% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two RIDGEWOOD sales from June 2013 and November 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 June 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2020 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might RIDGEWOOD be worth now?

RIDGEWOOD might now be worth an estimated £1,584,095.

This is based on house price inflation of 13.1%, between November 2020 and March 2025, for detached houses, in the Bath and North East Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for RIDGEWOOD of £1,400,000 on 12th November 2020. For the value to have increased from £1,400,000 to £1,584,095 over the five years and eight months to March 2025, the following assumptions must hold true:

• The value of RIDGEWOOD has moved in line with the HPI for detached houses in the Bath and North East Somerset local authority area.
• The November 2020 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWOOD has not materially changed since November 2020.

How Large is RIDGEWOOD?

RIDGEWOOD is 156m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses houses in Bath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bath, and where RIDGEWOOD lies on this distribution: 62% of detached houses houses are smaller than RIDGEWOOD, and 38% of houses are larger. Note that EPC data is not available for all properties in Bath.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 0.373 of an acre, or 1,509m². 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 PERRYMEAD in BATH, in the BA2 postcode district. The below map shows the position of RIDGEWOOD on PERRYMEAD.