7, RIDGE DRIVE, RUGBY, CV21 3FE - £255,000

7 RIDGE DRIVE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £255,000 in May 2017, which was around 26% below the average May 2017 detached price in the Rugby local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

7 RIDGE DRIVE Sold Prices

Land registry data shows two sales for 7 RIDGE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 7 RIDGE DRIVE 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
2017 12 MAY	£255,000	£345,427	26% below HPI
2003 5 DEC	£176,250	£213,610	17% below HPI

7 RIDGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 7 RIDGE DRIVE sales from December 2003 and May 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 December 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 RIDGE DRIVE?

7 RIDGE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 7 RIDGE DRIVE lies on this distribution: 46% of detached houses are smaller than 7 RIDGE DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rugby.

7 RIDGE DRIVE: Plot and Title Map

7 RIDGE DRIVE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 7 RIDGE DRIVE, 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 7 RIDGE DRIVE). 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 7 RIDGE DRIVE?

7 RIDGE DRIVE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 7 on RIDGE DRIVE.