SOUTH RIDGE, MOUNT PLEASANT, KINGS WORTHY, WINCHESTER, SO23 7QU - £760,000

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.

SOUTH RIDGE is a midsized extended detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £1,178,776. It was last sold for £760,000 in September 2012, which was around 54% above the average September 2012 detached price in the Winchester local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

SOUTH RIDGE Sold Prices

Land registry data shows four sales for SOUTH RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Most of the four SOUTH RIDGE 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
2012 7 SEP	£760,000	£493,957	54% above HPI
2006 5 APR	£720,000	£409,258	76% above HPI
2000 27 JUN	£525,000	£247,898	112% above HPI
1998 3 APR	£162,150	£185,394	13% below HPI

SOUTH RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The four SOUTH RIDGE sales between April 1998 and September 2012 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 April 2006 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2012 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might SOUTH RIDGE be worth now?

SOUTH RIDGE might now be worth an estimated £1,178,776.

This is based on house price inflation of 55.1%, between September 2012 and March 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.1% inflationary increase is applied to the most recent sale price for SOUTH RIDGE of £760,000 on 7th September 2012. For the value to have increased from £760,000 to £1,178,776 over the thirteen years and six months to March 2025, the following assumptions must hold true:

• The value of SOUTH RIDGE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The September 2012 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH RIDGE has not materially changed since September 2012.

How Large is SOUTH RIDGE?

SOUTH RIDGE is 144m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses houses in Kings Worthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Worthy, and where SOUTH RIDGE lies on this distribution: 42% of detached houses houses are smaller than SOUTH RIDGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Kings Worthy.

SOUTH RIDGE: Plot and Title Map

SOUTH RIDGE sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of SOUTH RIDGE, 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 SOUTH RIDGE). 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 SOUTH RIDGE?

SOUTH RIDGE is located on MOUNT PLEASANT in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of SOUTH RIDGE on MOUNT PLEASANT.