40, RIDGEWAY, MACHEN, CAERPHILLY, CF83 8RD - £74,000

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.

40 RIDGEWAY is a semi-detached house, which could now be worth an estimated £337,233. It was last sold for £74,000 in April 2001, which was around 65% above the average April 2001 semi-detached price in the Caerphilly local authority area.

40 RIDGEWAY Sold Prices

Land registry data shows two sales for 40 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 Caerphilly local authority area for the corresponding sale date. Both of the two 40 RIDGEWAY 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
2001 6 APR	£74,000	£44,865	65% above HPI
1999 10 DEC	£59,950	£43,483	38% above HPI

What might 40 RIDGEWAY be worth now?

40 RIDGEWAY might now be worth an estimated £337,233.

This is based on house price inflation of 355.7%, between April 2001 and April 2026, for semi-detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 355.7% inflationary increase is applied to the most recent sale price for 40 RIDGEWAY of £74,000 on 6th April 2001. For the value to have increased from £74,000 to £337,233 over the 25 years to April 2026, the following assumptions must hold true:

• The value of 40 RIDGEWAY has moved in line with the HPI for semi-detached houses in the Caerphilly local authority area.
• The April 2001 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 40 RIDGEWAY has not materially changed since April 2001.

Where is 40 RIDGEWAY?

40 RIDGEWAY is located in MACHEN, in the CF83 postcode district.