THE RIDGE, ASHLEY ROAD, CHARLTON KINGS, CHELTENHAM, GL52 6QE - £2,050,000

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

THE RIDGE is a very large extended detached house of 409m², built sometime between 1967 and 1975. It was last sold for £2,050,000 in April 2017, which was around 353% above the average April 2017 detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

THE RIDGE Sold Prices

Land registry data shows three sales for THE RIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. All of the three THE 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
2017 19 APR	£2,050,000	£452,669	353% above HPI
2011 2 FEB	£914,000	£333,588	174% above HPI
2003 13 MAY	£725,000	£271,454	167% above HPI

THE RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three THE RIDGE sales between May 2003 and April 2017 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 February 2011 sale was for 174% above the HPI. So the extrapolation line tracks at 174% above the HPI over time, until the April 2017 sale, where it rises to 353% above the HPI. The line then continues to track at 353% above the HPI.

How Large is THE RIDGE?

THE RIDGE is 409m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where THE RIDGE lies on this distribution: 99% of detached houses are smaller than THE RIDGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

THE RIDGE: Plot and Title Map

THE RIDGE sits on a plot of roughly 0.537 of an acre, or 2,174m². The below map shows the location of THE 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 THE 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 THE RIDGE?

THE RIDGE is located on ASHLEY ROAD in CHARLTON KINGS, in the GL52 postcode district. The below map shows the position of THE RIDGE on ASHLEY ROAD.