Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 THE RIDGEWAY is a very large extended detached house of 238m², built sometime between 1950 and 1966. It was last sold for £1,605,000 in September 2022, which was around 65% above the average September 2022 detached price in the Mole Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 THE RIDGEWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two 5 THE RIDGEWAY 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 |
---|---|---|---|
2022 5 SEP | £1,605,000 | £972,901 | 65% above HPI |
2012 28 JUN | £815,500 | £582,361 | 40% above HPI |
The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two 5 THE RIDGEWAY sales from June 2012 and September 2022 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 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.
5 THE RIDGEWAY is 238m², which includes four extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses by size in Fetcham, and where 5 THE RIDGEWAY lies on this distribution: 86% of detached houses are smaller than 5 THE RIDGEWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Fetcham.
5 THE RIDGEWAY sits on a plot of roughly 0.352 of an acre, or 1,426m². The below map shows the location of 5 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 5 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.
5 THE RIDGEWAY is located in FETCHAM, in the KT22 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.