22, THE RIDGEWAY, WORCESTER, WR5 2DA - £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.

22 THE RIDGEWAY is a very large detached house of 206m², which could now be worth an estimated £617,210. It was last sold for £475,000 in October 2017, which was around 46% above the average October 2017 detached price in the Worcester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was B.

22 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 22 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the three 22 THE RIDGEWAY sales was for above the average price, whilst two 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
2017 13 OCT	£475,000	£324,585	46% above HPI
2015 20 JUL	£148,751	£281,374	47% below HPI
2012 9 MAR	£111,350	£251,330	56% below HPI

22 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 22 THE RIDGEWAY sales between March 2012 and October 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 July 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 22 THE RIDGEWAY be worth now?

22 THE RIDGEWAY might now be worth an estimated £617,210.

This is based on house price inflation of 29.9%, between October 2017 and February 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for 22 THE RIDGEWAY of £475,000 on 13th October 2017. For the value to have increased from £475,000 to £617,210 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 THE RIDGEWAY has moved in line with the HPI for detached houses in the Worcester local authority area.
• The October 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE RIDGEWAY has not materially changed since October 2017.

How Large is 22 THE RIDGEWAY?

22 THE RIDGEWAY is 206m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 22 THE RIDGEWAY lies on this distribution: 96% of detached houses houses are smaller than 22 THE RIDGEWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Worcester.

22 THE RIDGEWAY: Plot and Title Map

22 THE RIDGEWAY sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 22 THE RIDGEWAY, 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 22 THE RIDGEWAY). 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 22 THE RIDGEWAY?

22 THE RIDGEWAY is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 22 on THE RIDGEWAY.