RIDGEWOOD, WESTFIELDS, CRADLEY, MALVERN, WR13 5HZ - £345,000

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 midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £345,000 in May 2011, which was around 26% above the average May 2011 detached price in the Herefordshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

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 Herefordshire 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
2011 17 MAY	£345,000	£272,842	26% above HPI
2001 23 AUG	£155,000	£145,598	6% above HPI

RIDGEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two RIDGEWOOD sales from August 2001 and May 2011 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 August 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2011 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is RIDGEWOOD?

RIDGEWOOD is 122m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses by size in Westfield, and where RIDGEWOOD lies on this distribution: 51% of detached houses are smaller than RIDGEWOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Westfield.

RIDGEWOOD: Plot and Title Map

RIDGEWOOD sits on a plot of roughly 0.199 of an acre, or 807m². 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 WESTFIELDS in CRADLEY, in the WR13 postcode district. The below map shows the position of RIDGEWOOD on WESTFIELDS.