8, THE RIDGEWAY, RIVER, DOVER, CT17 0NX - £278,000

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.

8 THE RIDGEWAY is a small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £391,337. It was last sold for £278,000 in June 2016, which was around 25% above the average June 2016 semi-detached price in the Dover local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

8 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 8 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dover local authority area for the corresponding sale date. One of the two 8 THE RIDGEWAY sales was for above the average price, whilst the other was 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
2016 14 JUN	£278,000	£222,706	25% above HPI
2015 21 AUG	£175,000	£208,861	16% below HPI

8 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dover local authority area over time, sourced from the HPI. The two 8 THE RIDGEWAY sales from August 2015 and June 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 THE RIDGEWAY be worth now?

8 THE RIDGEWAY might now be worth an estimated £391,337.

This is based on house price inflation of 40.8%, between June 2016 and February 2025, for semi-detached houses, in the Dover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.8% inflationary increase is applied to the most recent sale price for 8 THE RIDGEWAY of £278,000 on 14th June 2016. For the value to have increased from £278,000 to £391,337 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 8 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the Dover local authority area.
• The June 2016 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE RIDGEWAY has not materially changed since June 2016.

How Large is 8 THE RIDGEWAY?

8 THE RIDGEWAY is 88m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of semi-detached houses houses in Dover, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dover, and where 8 THE RIDGEWAY lies on this distribution: 24% of semi-detached houses houses are smaller than 8 THE RIDGEWAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Dover.

8 THE RIDGEWAY: Plot and Title Map

8 THE RIDGEWAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 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 8 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 8 THE RIDGEWAY?

8 THE RIDGEWAY is located in RIVER, in the CT17 postcode district. The below map shows the position of No. 8 on THE RIDGEWAY.