24, RIDGEWOOD WAY, LIVERPOOL, L9 8HJ - £185,000

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.

24 RIDGEWOOD WAY is a very large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £245,291. It was last sold for £185,000 in August 2020, which was around 36% below the average August 2020 detached price in the Sefton local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

24 RIDGEWOOD WAY Sold Prices

Land registry data shows four sales for 24 RIDGEWOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the four 24 RIDGEWOOD WAY 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
2020 6 AUG	£185,000	£287,349	36% below HPI
2017 20 DEC	£175,000	£280,709	38% below HPI
2009 16 DEC	£147,500	£249,712	41% below HPI
1998 17 DEC	£79,950	£94,779	16% below HPI

24 RIDGEWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The four 24 RIDGEWOOD WAY sales between December 1998 and August 2020 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 December 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 24 RIDGEWOOD WAY be worth now?

24 RIDGEWOOD WAY might now be worth an estimated £245,291.

This is based on house price inflation of 32.6%, between August 2020 and February 2025, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for 24 RIDGEWOOD WAY of £185,000 on 6th August 2020. For the value to have increased from £185,000 to £245,291 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 24 RIDGEWOOD WAY has moved in line with the HPI for detached houses in the Sefton local authority area.
• The August 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RIDGEWOOD WAY has not materially changed since August 2020.

How Large is 24 RIDGEWOOD WAY?

24 RIDGEWOOD WAY is 120m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Bootle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bootle, and where 24 RIDGEWOOD WAY lies on this distribution: 87% of detached houses houses are smaller than 24 RIDGEWOOD WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Bootle.

24 RIDGEWOOD WAY: Plot and Title Map

24 RIDGEWOOD WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 24 RIDGEWOOD WAY, 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 24 RIDGEWOOD WAY). 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 24 RIDGEWOOD WAY?

24 RIDGEWOOD WAY is located in LIVERPOOL, in the L9 postcode district. The below map shows the position of No. 24 on RIDGEWOOD WAY.