2, RIDGECROFT CLOSE, BEXLEY, DA5 2DE - £420,000

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.

2 RIDGECROFT CLOSE is a small extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £880,179. It was last sold for £420,000 in April 2011, which was around 20% above the average April 2011 detached price in the Bexley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was D.

2 RIDGECROFT CLOSE Sold Prices

Land registry data shows one sale for 2 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
2011 28 APR	£420,000	£351,451	20% above HPI

What might 2 RIDGECROFT CLOSE be worth now?

2 RIDGECROFT CLOSE might now be worth an estimated £880,179.

This is based on house price inflation of 109.6%, between April 2011 and July 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 109.6% inflationary increase is applied to the most recent sale price for 2 RIDGECROFT CLOSE of £420,000 on 28th April 2011. For the value to have increased from £420,000 to £880,179 over the fourteen years and nine months to July 2026, the following assumptions must hold true:

• The value of 2 RIDGECROFT CLOSE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The April 2011 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGECROFT CLOSE has not materially changed since April 2011.

How Large is 2 RIDGECROFT CLOSE?

2 RIDGECROFT CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Coldblow, based on EPC data. The below chart shows the distribution of detached houses by size in Coldblow, and where 2 RIDGECROFT CLOSE lies on this distribution: 40% of detached houses are smaller than 2 RIDGECROFT CLOSE, and 60% of detached houses are larger. Note that EPC data is not available for all properties in Coldblow.

2 RIDGECROFT CLOSE: Plot

2 RIDGECROFT CLOSE sits on a plot of roughly 0.100 of an acre, or 406m².

Where is 2 RIDGECROFT CLOSE?

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