5, THE RIDGEWAY, WARWICK, CV34 5SH - £309,000

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 136m², built sometime between 1967 and 1975, which could now be worth an estimated £453,971. It was last sold for £309,000 in July 2015, which was around 31% below the average July 2015 detached price in the Warwick local authority area. The most recent EPC inspection was June 2015, 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 Warwick local authority area for the corresponding sale date. Both of the two 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
2015 16 JUL	£309,000	£450,431	31% below HPI
2005 31 AUG	£206,000	£338,533	39% below HPI

5 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two 5 THE RIDGEWAY sales from August 2005 and July 2015 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 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 THE RIDGEWAY be worth now?

5 THE RIDGEWAY might now be worth an estimated £453,971.

This is based on house price inflation of 46.9%, between July 2015 and April 2026, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.9% inflationary increase is applied to the most recent sale price for 5 THE RIDGEWAY of £309,000 on 16th July 2015. For the value to have increased from £309,000 to £453,971 over the eleven years and three months 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 Warwick local authority area.
• The July 2015 sale price of £309,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RIDGEWAY has not materially changed since July 2015.

How Large is 5 THE RIDGEWAY?

5 THE RIDGEWAY is 136m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses houses in Warwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warwick, and where 5 THE RIDGEWAY lies on this distribution: 65% of detached houses houses are smaller than 5 THE RIDGEWAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Warwick.

5 THE RIDGEWAY: Plot and Title Map

5 THE RIDGEWAY sits on a plot of roughly 0.119 of an acre, or 482m². 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 WARWICK, in the CV34 postcode district. The below map shows the position of No. 5 on THE RIDGEWAY.