40, THE RIDGE WAY, SOUTH CROYDON, CR2 0LF - £880,000

40 THE RIDGE WAY is a midsized extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £880,000 in March 2020, which was around 15% above the average March 2020 detached price in the Croydon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

40 THE RIDGE WAY Sold Prices

Land registry data shows two sales for 40 THE RIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 40 THE RIDGE WAY 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
2020 23 MAR	£880,000	£768,331	15% above HPI
2012 19 JUN	£490,000	£455,540	8% above HPI

40 THE RIDGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 40 THE RIDGE WAY sales from June 2012 and March 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 June 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 40 THE RIDGE WAY?

40 THE RIDGE WAY is 146m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40 THE RIDGE WAY lies on this distribution: 52% of detached houses are smaller than 40 THE RIDGE WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in London.

40 THE RIDGE WAY: Plot and Title Map

40 THE RIDGE WAY sits on a plot of roughly 0.264 of an acre, or 1,069m². The below map shows the location of 40 THE RIDGE 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 40 THE RIDGE 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 40 THE RIDGE WAY?

40 THE RIDGE WAY is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 40 on THE RIDGE WAY.