RIDGE VIEW, HORSE LANE ORCHARD, LEDBURY, HR8 1PP - £470,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RIDGE VIEW is a large detached house of 121m², built sometime between 1983 and 1990. It was last sold for £470,000 in September 2021, which was around 25% above the average September 2021 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

RIDGE VIEW Sold Prices

Land registry data shows three sales for RIDGE VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three RIDGE VIEW 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
2021 27 SEP	£470,000	£375,943	25% above HPI
2001 6 JUN	£190,000	£144,053	32% above HPI
1995 3 OCT	£118,000	£87,853	34% above HPI

RIDGE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three RIDGE VIEW sales between October 1995 and September 2021 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 2001 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is RIDGE VIEW?

RIDGE VIEW is 121m² according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where RIDGE VIEW lies on this distribution: 64% of detached houses are smaller than RIDGE VIEW, and 36% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

RIDGE VIEW: Plot and Title Map

RIDGE VIEW sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of RIDGE VIEW, 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 RIDGE VIEW). 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 RIDGE VIEW?

RIDGE VIEW is located on HORSE LANE ORCHARD in LEDBURY, in the HR8 postcode district. The below map shows the position of RIDGE VIEW on HORSE LANE ORCHARD.