31, RIDGEWAY CLOSE, LIGHTWATER, GU18 5XX - £495,000

31 RIDGEWAY CLOSE is a small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £495,000 in December 2019, which was around 22% below the average December 2019 detached price in the Surrey Heath local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

31 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 31 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 31 RIDGEWAY CLOSE 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
2019 6 DEC	£495,000	£633,039	22% below HPI
2004 10 JUN	£349,950	£355,813	2% below HPI

31 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two 31 RIDGEWAY CLOSE sales from June 2004 and December 2019 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 31 RIDGEWAY CLOSE?

31 RIDGEWAY CLOSE is 117m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 31 RIDGEWAY CLOSE lies on this distribution: 29% of detached houses are smaller than 31 RIDGEWAY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

31 RIDGEWAY CLOSE: Plot and Title Map

31 RIDGEWAY CLOSE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 31 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 31 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 31 RIDGEWAY CLOSE?

31 RIDGEWAY CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 31 on RIDGEWAY CLOSE.