7, THE RIDGEWAY, FETCHAM, LEATHERHEAD, KT22 9BA - £740,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 THE RIDGEWAY is a very small detached house of 97m², built sometime between 1930 and 1949. It was last sold for £740,000 in February 2017, which was around 8% below the average February 2017 detached price in the Mole Valley local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

7 THE RIDGEWAY Sold Prices

Land registry data shows four sales for 7 THE 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 Mole Valley local authority area for the corresponding sale date. two of the four 7 THE RIDGEWAY sales were for below the average price, and four 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
2017 27 FEB	£740,000	£807,828	8% below HPI
2012 28 JUN	£615,000	£582,361	6% above HPI
1996 9 DEC	£210,000	£191,072	10% above HPI
1996 10 JUL	£137,500	£178,696	23% below HPI

7 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The four 7 THE RIDGEWAY sales between July 1996 and February 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 June 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 THE RIDGEWAY?

7 THE RIDGEWAY is 97m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Fetcham, based on EPC data. The below chart shows the distribution of detached houses by size in Fetcham, and where 7 THE RIDGEWAY lies on this distribution: 14% of detached houses are smaller than 7 THE RIDGEWAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Fetcham.

7 THE RIDGEWAY: Plot and Title Map

7 THE RIDGEWAY sits on a plot of roughly 0.237 of an acre, or 961m². The below map shows the location of 7 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 7 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 7 THE RIDGEWAY?

7 THE RIDGEWAY is located in FETCHAM, in the KT22 postcode district. The below map shows the position of No. 7 on THE RIDGEWAY.