11, RIDGECROFT CLOSE, BEXLEY, DA5 2DE - £542,500

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.

11 RIDGECROFT CLOSE is a small detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £665,913. It was last sold for £542,500 in May 2018, which was around 8% below the average May 2018 detached price in the Bexley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

11 RIDGECROFT CLOSE Sold Prices

Land registry data shows one sale for 11 RIDGECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 22 MAY	£542,500	£592,191	8% below HPI

What might 11 RIDGECROFT CLOSE be worth now?

11 RIDGECROFT CLOSE might now be worth an estimated £665,913.

This is based on house price inflation of 22.7%, between May 2018 and May 2026, for detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 11 RIDGECROFT CLOSE of £542,500 on 22nd May 2018. For the value to have increased from £542,500 to £665,913 over the eight years to May 2026, the following assumptions must hold true:

• The value of 11 RIDGECROFT CLOSE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The May 2018 sale price of £542,500 represented a fair market value for the property.
• The size, condition, and specification of 11 RIDGECROFT CLOSE has not materially changed since May 2018.

How Large is 11 RIDGECROFT CLOSE?

11 RIDGECROFT CLOSE is 114m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Coldblow, based on EPC data. The below chart shows the distribution of detached houses by size in Coldblow, and where 11 RIDGECROFT CLOSE lies on this distribution: 28% of detached houses are smaller than 11 RIDGECROFT CLOSE, and 72% of detached houses are larger. Note that EPC data is not available for all properties in Coldblow.

11 RIDGECROFT CLOSE: Plot

11 RIDGECROFT CLOSE sits on a plot of roughly 0.079 of an acre, or 321m².

Where is 11 RIDGECROFT CLOSE?

11 RIDGECROFT CLOSE is located in BEXLEY, in the DA5 postcode district.