1, RIDGEWAY CLOSE, LEEDS, LS8 4DQ - £275,000

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.

1 RIDGEWAY CLOSE is a small semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £399,574. It was last sold for £275,000 in January 2018, which was around 48% above the average January 2018 semi-detached price in the Leeds local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 1 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leeds local authority area for the corresponding sale date. Both of the two 1 RIDGEWAY CLOSE 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
2018 12 JAN	£275,000	£185,799	48% above HPI
2013 27 JUN	£142,000	£141,070	1% above HPI

1 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leeds local authority area over time, sourced from the HPI. The two 1 RIDGEWAY CLOSE sales from June 2013 and January 2018 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 June 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2018 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 1 RIDGEWAY CLOSE be worth now?

1 RIDGEWAY CLOSE might now be worth an estimated £399,574.

This is based on house price inflation of 45.3%, between January 2018 and May 2026, for semi-detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.3% inflationary increase is applied to the most recent sale price for 1 RIDGEWAY CLOSE of £275,000 on 12th January 2018. For the value to have increased from £275,000 to £399,574 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 RIDGEWAY CLOSE has moved in line with the HPI for semi-detached houses in the Leeds local authority area.
• The January 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIDGEWAY CLOSE has not materially changed since January 2018.

How Large is 1 RIDGEWAY CLOSE?

1 RIDGEWAY CLOSE is 92m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of semi-detached houses houses in Leeds, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leeds, and where 1 RIDGEWAY CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 1 RIDGEWAY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Leeds.

1 RIDGEWAY CLOSE: Plot and Title Map

1 RIDGEWAY CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 1 RIDGEWAY CLOSE, 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 1 RIDGEWAY CLOSE). 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 1 RIDGEWAY CLOSE?

1 RIDGEWAY CLOSE is located in LEEDS, in the LS8 postcode district. The below map shows the position of No. 1 on RIDGEWAY CLOSE.