RIDGEWOOD, SPINNEY LANE, KNUTSFORD, WA16 0NQ - £1,940,000

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 detached house of 459m², built sometime from 2007 onwards. It was last sold for £1,940,000 in April 2015, which was around 529% above the average April 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

RIDGEWOOD Sold Prices

Land registry data shows five sales for RIDGEWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 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
2015 28 APR	£1,940,000	£308,567	529% above HPI
2011 22 DEC	£1,715,000	£280,826	511% above HPI
2011 19 AUG	£1,750,000	£283,174	518% above HPI
2009 9 JUN	£1,600,000	£259,895	516% above HPI
2007 19 JAN	£780,000	£283,027	176% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five RIDGEWOOD sales between January 2007 and April 2015 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 December 2011 sale was for 511% above the HPI. So the extrapolation line tracks at 511% above the HPI over time, until the April 2015 sale, where it rises to 529% above the HPI. The line then continues to track at 529% above the HPI.

How Large is RIDGEWOOD?

RIDGEWOOD is 459m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Knutsford, based on EPC data. The below chart shows the distribution of detached houses by size in Knutsford, and where RIDGEWOOD lies on this distribution: 98% of detached houses are smaller than RIDGEWOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Knutsford.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 0.584 of an acre, or 2,365m². 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 SPINNEY LANE in KNUTSFORD, in the WA16 postcode district. The below map shows the position of RIDGEWOOD on SPINNEY LANE.