7, RIDGEWAY, HIGHWOODS, COLCHESTER, CO4 9UW - £540,000

7 RIDGEWAY is a very large detached house of 190m², built sometime between 1996 and 2002. It was last sold for £540,000 in August 2016, which was around 36% above the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

7 RIDGEWAY Sold Prices

Land registry data shows four sales for 7 RIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 7 RIDGEWAY sales were for above 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 26 AUG	£540,000	£398,471	36% above HPI
2012 27 SEP	£410,000	£288,729	42% above HPI
1998 8 APR	£187,500	£107,269	75% above HPI
1995 7 APR	£183,000	£90,858	101% above HPI

7 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 7 RIDGEWAY sales between April 1995 and August 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 September 2012 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2016 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 7 RIDGEWAY?

7 RIDGEWAY is 190m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 7 RIDGEWAY lies on this distribution: 93% of detached houses are smaller than 7 RIDGEWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 RIDGEWAY: Plot and Title Map

7 RIDGEWAY sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 7 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 7 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 7 RIDGEWAY?

7 RIDGEWAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 7 on RIDGEWAY.