RIDGESIDE, THE RIDGEWAY, PENALLY, TENBY, SA70 7NT - £135,000

RIDGESIDE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £135,000 in July 2007, which was around 43% below the average July 2007 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

RIDGESIDE Sold Prices

Land registry data shows two sales for RIDGESIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. One of the two RIDGESIDE sales was for below the average price, whilst the other was 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
2007 16 JUL	£135,000	£235,204	43% below HPI
2002 7 OCT	£125,000	£118,057	6% above HPI

RIDGESIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two RIDGESIDE sales from October 2002 and July 2007 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 October 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2007 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is RIDGESIDE?

RIDGESIDE is 73m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses in Penally, based on EPC data. The below chart shows the distribution of detached houses by size in Penally, and where RIDGESIDE lies on this distribution: 9% of detached houses are smaller than RIDGESIDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penally.

RIDGESIDE: Plot and Title Map

RIDGESIDE sits on a plot of roughly 0.302 of an acre, or 1,224m². The below map shows the location of RIDGESIDE, 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 RIDGESIDE). 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 RIDGESIDE?

RIDGESIDE is located on THE RIDGEWAY in PENALLY, in the SA70 postcode district. The below map shows the position of RIDGESIDE on THE RIDGEWAY.