THREE RIDGES, MANOR LEA ROAD, MILFORD, GODALMING, GU8 5EF - £475,000

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.

THREE RIDGES is a large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £778,988. It was last sold for £475,000 in May 2011, which was around 16% below the average May 2011 detached price in the Waverley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

THREE RIDGES Sold Prices

Land registry data shows three sales for THREE RIDGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the three THREE RIDGES sales were for below 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 26 MAY	£475,000	£563,890	16% below HPI
2006 10 NOV	£400,000	£501,695	20% below HPI
1995 14 DEC	£130,000	£166,578	22% below HPI

THREE RIDGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The three THREE RIDGES sales between December 1995 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 November 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might THREE RIDGES be worth now?

THREE RIDGES might now be worth an estimated £778,988.

This is based on house price inflation of 64%, between May 2011 and March 2025, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64% inflationary increase is applied to the most recent sale price for THREE RIDGES of £475,000 on 26th May 2011. For the value to have increased from £475,000 to £778,988 over the fourteen years and two months to March 2025, the following assumptions must hold true:

• The value of THREE RIDGES has moved in line with the HPI for detached houses in the Waverley local authority area.
• The May 2011 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THREE RIDGES has not materially changed since May 2011.

How Large is THREE RIDGES?

THREE RIDGES is 152m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Milford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milford, and where THREE RIDGES lies on this distribution: 77% of detached houses houses are smaller than THREE RIDGES, and 23% of houses are larger. Note that EPC data is not available for all properties in Milford.

THREE RIDGES: Plot and Title Map

THREE RIDGES sits on a plot of roughly 0.280 of an acre, or 1,133m². The below map shows the location of THREE RIDGES, 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 THREE RIDGES). 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 THREE RIDGES?

THREE RIDGES is located on MANOR LEA ROAD in MILFORD, in the GU8 postcode district. The below map shows the position of THREE RIDGES on MANOR LEA ROAD.