5, THE RIDGEWAY, HERSTMONCEUX, HAILSHAM, BN27 4PQ - £280,000

5 THE RIDGEWAY is a small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £280,000 in July 2016, which was around 39% below the average July 2016 detached price in the Wealden local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

5 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 5 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 5 THE RIDGEWAY 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
2016 22 JUL	£280,000	£456,038	39% below HPI
2006 22 AUG	£241,000	£326,427	26% below HPI
2003 6 AUG	£230,000	£289,983	21% below HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 5 THE RIDGEWAY sales between August 2003 and July 2016 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 August 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 73m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Herstmonceux, based on EPC data. The below chart shows the distribution of detached houses by size in Herstmonceux, and where 5 THE RIDGEWAY lies on this distribution: 25% of detached houses are smaller than 5 THE RIDGEWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Herstmonceux.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.099 of an acre, or 399m². 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.

Where is 5 THE RIDGEWAY?

5 THE RIDGEWAY is located in HERSTMONCEUX, in the BN27 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.