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

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 midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £552,400. It was last sold for £345,000 in May 2011, which was around 25% 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	£276,637	25% above HPI
2001 23 AUG	£155,000	£147,623	5% 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2011 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might RIDGEWOOD be worth now?

RIDGEWOOD might now be worth an estimated £552,400.

This is based on house price inflation of 60.1%, between May 2011 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.1% inflationary increase is applied to the most recent sale price for RIDGEWOOD of £345,000 on 17th May 2011. For the value to have increased from £345,000 to £552,400 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of RIDGEWOOD has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The May 2011 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEWOOD has not materially changed since May 2011.

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 houses in Westfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westfield, and where RIDGEWOOD lies on this distribution: 52% of detached houses houses are smaller than RIDGEWOOD, and 48% 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.