6, RIDGEWAY CLOSE, LIGHTWATER, GU18 5XU - £625,250

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.

6 RIDGEWAY CLOSE is a very small extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £657,662. It was last sold for £625,250 in November 2021, which was around 17% below the average November 2021 detached price in the Surrey Heath local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

6 RIDGEWAY CLOSE Sold Prices

Land registry data shows two sales for 6 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. Both of the two 6 RIDGEWAY CLOSE 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
2021 2 NOV	£625,250	£753,760	17% below HPI
2007 27 JUN	£415,000	£459,759	10% below HPI

6 RIDGEWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The two 6 RIDGEWAY CLOSE sales from June 2007 and November 2021 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 6 RIDGEWAY CLOSE be worth now?

6 RIDGEWAY CLOSE might now be worth an estimated £657,662.

This is based on house price inflation of 5.2%, between November 2021 and May 2026, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 6 RIDGEWAY CLOSE of £625,250 on 2nd November 2021. For the value to have increased from £625,250 to £657,662 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of 6 RIDGEWAY CLOSE has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The November 2021 sale price of £625,250 represented a fair market value for the property.
• The size, condition, and specification of 6 RIDGEWAY CLOSE has not materially changed since November 2021.

How Large is 6 RIDGEWAY CLOSE?

6 RIDGEWAY CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lightwater, and where 6 RIDGEWAY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 6 RIDGEWAY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lightwater.

6 RIDGEWAY CLOSE: Plot and Title Map

6 RIDGEWAY CLOSE sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 6 RIDGEWAY CLOSE, 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 6 RIDGEWAY CLOSE). 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 6 RIDGEWAY CLOSE?

6 RIDGEWAY CLOSE is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 6 on RIDGEWAY CLOSE.