23, RIDGEWAY, ALDRIDGE, WALSALL, WS9 0HL - £207,000

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.

23 RIDGEWAY is a small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £350,682. It was last sold for £207,000 in March 2015, which was around 1% below the average March 2015 detached price in the Walsall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

23 RIDGEWAY Sold Prices

Land registry data shows two sales for 23 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. One of the two 23 RIDGEWAY sales was for below the average price, whilst the other was 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
2015 13 MAR	£207,000	£208,132	1% below HPI
2003 30 APR	£165,000	£149,983	10% above HPI

23 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 23 RIDGEWAY sales from April 2003 and March 2015 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 23 RIDGEWAY be worth now?

23 RIDGEWAY might now be worth an estimated £350,682.

This is based on house price inflation of 69.4%, between March 2015 and May 2026, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for 23 RIDGEWAY of £207,000 on 13th March 2015. For the value to have increased from £207,000 to £350,682 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 23 RIDGEWAY has moved in line with the HPI for detached houses in the Walsall local authority area.
• The March 2015 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RIDGEWAY has not materially changed since March 2015.

How Large is 23 RIDGEWAY?

23 RIDGEWAY is 100m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses houses in Aldridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aldridge, and where 23 RIDGEWAY lies on this distribution: 35% of detached houses houses are smaller than 23 RIDGEWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Aldridge.

23 RIDGEWAY: Plot and Title Map

23 RIDGEWAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 23 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 23 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 23 RIDGEWAY?

23 RIDGEWAY is located in ALDRIDGE, in the WS9 postcode district. The below map shows the position of No. 23 on RIDGEWAY.