5, THE RIDGEWAY, STANMORE, HA7 4BE - £1,300,000

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.

5 THE RIDGEWAY is a large extended detached house of 220m², built sometime between 1930 and 1949, which could now be worth an estimated £1,468,548. It was last sold for £1,300,000 in April 2017, which was around 22% above the average April 2017 detached price in the Harrow local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

5 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 5 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harrow local authority area for the corresponding sale date. One of the two 5 THE RIDGEWAY sales was for above the average price, whilst the other was roughly equal to 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
2017 3 APR	£1,300,000	£1,066,700	22% above HPI
2005 21 OCT	£540,000	£542,287	Close to HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harrow local authority area over time, sourced from the HPI. The two 5 THE RIDGEWAY sales from October 2005 and April 2017 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 October 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 THE RIDGEWAY be worth now?

5 THE RIDGEWAY might now be worth an estimated £1,468,548.

This is based on house price inflation of 13%, between April 2017 and April 2026, for detached houses, in the Harrow local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 5 THE RIDGEWAY of £1,300,000 on 3rd April 2017. For the value to have increased from £1,300,000 to £1,468,548 over the nine years to April 2026, the following assumptions must hold true:

• The value of 5 THE RIDGEWAY has moved in line with the HPI for detached houses in the Harrow local authority area.
• The April 2017 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RIDGEWAY has not materially changed since April 2017.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 220m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses houses in Stanmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanmore, and where 5 THE RIDGEWAY lies on this distribution: 68% of detached houses houses are smaller than 5 THE RIDGEWAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Stanmore.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.384 of an acre, or 1,555m². 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 STANMORE, in the HA7 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.