8, RIDGEWAY, PROBUS, TRURO, TR2 4JY - £725,000

8 RIDGEWAY is a very large extended detached house of 254m², built sometime between 1976 and 1982. It was last sold for £725,000 in August 2023, which was around 63% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

8 RIDGEWAY Sold Prices

Land registry data shows two sales for 8 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 Cornwall local authority area for the corresponding sale date. One of the two 8 RIDGEWAY sales was for above the average price, whilst the other was roughly equal to 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
2023 10 AUG	£725,000	£445,157	63% above HPI
2004 6 APR	£234,000	£233,419	Close to HPI

8 RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 8 RIDGEWAY sales from April 2004 and August 2023 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2023 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 8 RIDGEWAY?

8 RIDGEWAY is 254m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Probus, based on EPC data. The below chart shows the distribution of detached houses by size in Probus, and where 8 RIDGEWAY lies on this distribution: 99% of detached houses are smaller than 8 RIDGEWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Probus.

8 RIDGEWAY: Plot and Title Map

8 RIDGEWAY sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 8 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 8 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 8 RIDGEWAY?

8 RIDGEWAY is located in PROBUS, in the TR2 postcode district. The below map shows the position of No. 8 on RIDGEWAY.